Last week was a short one for trading with Monday having been an Argentine holiday and Thursday marking the U.S. Thanksgiving holiday. Markets were, of course, extremely volatile on Friday, and these factors combined to keep developments limited in both FAS and FOB markets. Wheat Good weather conditions (dry with high temperatures) plus adequate grain moisture is allowing the wheat harvest to move at full speed. With a weakly progress of 15.2 percent, the total harvest reached almost 33 percent of the planted area. The biggest progress was in the nucleus region where yields are above expectations. The Buenos Aires Grain Exchange increased its estimate of the crop from 19.8 MMT to 20.3 MMT, but the market still thinks it will...
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...
In agriculture and food processing, we think a lot about infrastructure: transportation and storage, processing and packaging, distribution and delivery. It is a physical system of roads, railroads, and rivers; concrete and steel storage; processing plants, warehouses, and machinery; and, event...
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.