Soy Export Sales Highlights Today’s USDA/FAS export sales report once again indicated exporters made large sales of soybeans, soymeal and soyoil in the week ending 15 October. China not only purchased a lot of U.S. soybeans it also purchased U.S. soymeal and soyoil. Net sales of soybeans during the week totaled 2,225,500 MT. That was less than in previous weeks, but still a very large amount. The top sales were for China (1,222,000 MT), Egypt (194,400 MT), unknown destinations (185,100 MT), (Germany 111,300 MT), and Mexico (105,700 MT). Soybean exports last week totaled 2,516,500 MT. The top destinations were China (1,960,200 MT), Egypt (126,400 MT), Germany (111,300 MT), Mexico (59,700 MT), and Saudi Arabia (53,800 MT). U.S...
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.