India's Oil Meal Exports Down, Iran Remains Biggest Buyer India's oil meal exports contracted by 24.26 percent to 1.027 MMT in the first four months (April-July) of MY 2013/14. This compares to 1.356 MMT exported during the first four month of MY 2012/13. Soymeal (SBM) exports were down to 0.516 MMT from last year's 0.805, rapeseed extraction down 0.267 MMT from last year's 0.274 MMT and rice bran down 0.029 MMT from last year's 0.093 MMT. All of the countries imported less in the first four months of the marketing year probably due to the price issues.Exports for July 2013 were only 0.177 MMT, down 37.23 percent against 0.282 MMTIran remained the biggest buyer for Indian SBM at 0.363 MMT against last year's four month imports of 0.451...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.