The EU has decided to extend its anti-dumping duties on U.S. biodiesel through 2020. In response, the National Biodiesel Board (NBB) condemned this move and again issued its own call for a specific change in the U.S. biodiesel blenders' credit. NOPA's August Crush Volume Close to Market Expectations The National Oilseed Processors Association (NOPA) soybean crush report, which was released today, indicated that members crushed 135.304 million bushels (3.683 MMT) in August. This volume was very close to market expectations of about 135 million bushels, although it was down from the 145.227 million bushels (3.953 MMT) crushed in July. However, the total was 22.33 percent higher than the 110.633 million bushels (3.011 MMT) processed in Augus...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.