Soybeans Market Overview Chinese demand remains very slow. There was some tepid interest for nearby positions, but basis has continued to drop in Argentina and drag Brazilian prices lower. Argentina Argentina’s harvest reached 20 percent completion last week (6 percent below last year) with yields exceeding expectations. Moreover, dry and sunny weather has allowed combines to advance quickly with only the high yields causing any delays. Roughly 4,000 trucks/day are arriving at the ports of Rosario, almost all of which are naturally dry. The biggest concern for the present campaign is quality, specifically protein. Those levels so far seem to be generally below the minimum requested for export. Each year this is an issue, especial...
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.