Kill a Competitor Polling shows that former Brazilian President Luix Inácio Lula da Silva will beat the incumbent, Jair Bolsonaro, in the upcoming 2 October election. U.S. farmers would do well to support his campaign. He and his deputy, Geraldo Alckman, have pledged full support to the so-called Landless Movement, or Movimento dos Trabalhadores Rurais Sem Terra (MST). This is the group that supports squatters or land occupations and has declared agribusiness as “the enemy of the Brazilian people.” They argue that soybeans are also the “enemy of Brazil” and their policy goal is not large exports but peasant agriculture to “produce healthy food” and fulfill social goals rather than seeking “p...
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.