Oilseeds Soymeal Inventory Falls Again as Crushing Output Drops Because of declining downstream demand, domestic crushers cut utilization rates to below 50 percent capacity. Even with the lower prices for soymeal, feed producers have been reluctant to make significant commitments with the hog market in tatters. Thus, China’s nationwide estimated soymeal inventory fell for the second consecutive week to a total 1.15 MMT as of 18 May 12018, a drop of 56,100 MT (-4.6 percent) from the previous week and down 76,100 MT (-6.2 percent) versus the same week in 2017. While Shandong Province saw the most significant weekly decrease, shedding 52,600 MT (-22.5 percent) to finish at 181,300 MT, the Northeast had a sharp gain of 19,000 MT (+38 pe...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.