Paraguay is still looking for soybean demand with offers at 38/40 SK for April-May and 42 SN for June-July shipments. Meanwhile, the market in Brazil has been moving very slowly. Demand for the spot was covered in general, and buyers are now focused on the deferred positions. Soybeans It was a slow start for Argentina this week with no trades shown for the last seven days. Famer selling is still sluggish, and projections are divided. Some think this pace will continue with basis remaining at currents levels or higher, while others believe China will wait until April when beans arrive with farmers and exporters selling on basis close to 0 SN for April and May positions. Shipment capacity in Argentina for these two months is about 4 MMT, an...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
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.