It has been another week of solid gains in the oilseeds world. More analysts are tantalizing farmers with the prospect of record soybean prices. Beans in the teens could hit a record, maybe. The historical high was $17.94¾ in 2012, which in real terms would require $21.98 bushel today. The March contract high is still 25 percent below that remarkable number. Still, the influences pushing it higher remain the same, a sub-par crop in South America, and rumblings of war in the Black Sea region. Let’s start with the latter. War in Beans Autocrats with nuclear weapons are challenging enough but Vladimir Putin adds the war gaming strategy of presenting complete irrationality. Will he, or won’t he? The most bullish commodity s...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.