Soybeans Market Overview Following the Chinese Lunar New Year holiday, expectations for increased soybean demand from China were not met, resulting in a lower-than-anticipated purchase volume. There was still some activity, however, and last week Brazil saw movement for March positions. It is estimated that China still needs to purchase approximately 1.5 MMT to cover all their March requirements. Total March demand from China was reduced from 12 to 11 MMT from U.S. and Brazil due to fewer than expected purchases in the past days. Market dynamics have shifted notably in recent months. Previously observed inverses in Brazilian FOB offers from February and March to April have narrowed due to lack of spot demand. Last week...
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.