World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Soybeans Brazil After a few quiet weeks, demand from China moved again. Much improved gross crushing margins there (above $25/MT) prompted crushers to buy all the soybeans available in Brazil for August, September and October. The market was turning heavy before this development but then reacted suddenly. Around 10 cargoes were traded last Wednesday, and basis jumped 15 cents by the following day. The Paranagua paper market had a similar reaction as several sellers decided to hedge there. 15 July and August traded at +240X and 248X CNF China, respectively. By Thursday, the market traded at 260X for August with basis continuing to rise. Then on Friday, one FOB cargo traded September at +205X, giving a CNF equivalent of 300X for October sh...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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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.

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