Where to begin? Weather is a constant variable, but politicians are also always in the competition. In the nomenclature of the trade, border measures have been a popular distortion this year. The biggest being Russia’s war and blockade of Ukrainian ports, that may now be temporarily solved. But there are many more to discuss this week. But first to Mother Nature herself. USA Crop Unlike wheat, soybean and soyoil prices held up today despite the announced new escape route for Ukrainian sunflower/products but soybean prices withered this week as a whole under the impending rainfall starting this weekend in the Midwest. Despite the caution that soybeans are made in August and the long-range forecast has conditions during that critical...
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.
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...