Argentina again traded a full May shipment last week at +99 SN CNF China, a decrease from the last trade at +110 SN for an April shipment. Considering that Brazilian beans for April and May shipment are quoted at 65-70 SK, Argentina should be offered somewhere close to 20 SN to be competitive. Soybeans The trend in global markets seems to have changed as they appear to have found a bottom and are gradually rising after dropping nonstop. China was actively buying beans, giving good support to the market. In any case, most of the movement was in the U.S. where the Gulf (USG) and Pacific Northwest (PNW) have been selling and shipping constantly.In fact, due to the excellent weather that allowed grain loadings and aided the huge export progra...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.