The Market The trade shook off earlier concerns about Brazilian flooding and instead focused this week on the good start to the U.S. soybean crop, and Argentinian beans and coproducts ready to hit the market. The result was July soybeans fell 3.4 percent to 1205/bushel, and November soybeans dropped 2.8 percent to 1184.5/bushel. Soymeal had been carrying the complex but this week it was soyoil that came out on top. July soymeal lost 5.6 percent to end at 364.7/bushel. July soyoil managed a 0.57 percent gain on the week and is now valued at 45.52/pound. Not bad since it hit a new contract low just three weeks ago. Malaysian August palm oil futures rose 45 ringgits on Friday and logged a weekly gain due to larger exports. However, July cano...
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...
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.