World Perspectives
soy-oilseeds

Brazil’s Shrinking Soybean Crop

Temperatures across most of Brazil’s major production regions soared late last week into the upper 90s°F. The producer there referenced in the 28 December analysis (see Brazil’s Soybean Production Falling), who indicated then that he thought production estimates would drop to 110 MMT due to the erratic rainfall and hot, dry conditions during the month, now believes the total could fall as low as 100 MMT. (Rainfall anomaly maps published here several times during January substantiate that rainfall totals throughout most of Brazil continued to be less than half of normal.) Many Brazilian farmers planted shorter-maturing soybean varieties, which got an early start under good conditions. The dryness, though, has curtailed the ma...

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Summary of Futures

Mar 26 Corn closed at $4.445/bushel, up $0.04 from yesterday's close.  Mar 26 Wheat closed at $5.0775/bushel, up $0.015 from yesterday's close.  Jan 26 Soybeans closed at $10.5225/bushel, down $0.06 from yesterday's close.  Jan 26 Soymeal closed at $298.4/short ton, up $0.2 from...

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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.

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