Overall, the Argentine wheat market is still depressed because of government policies. The only effective way to reactivate exports is to open the full quota. Soybeans We have recently been informed that the Brazilian soybean market is acting a bit heavy in the spot market. Demand seems to have recently weakened because of negative crush margins in China that resulted primarily from weaker demand for meal. Yet, China has received a total of 7 MMT in February from the U.S. and Brazil. Several Chinese buyers are now trying to defer future shipments and even cancel boats. This is a key factor that is putting pressure on the spot shipments. Currently, there are several sellers in the South American markets offering early harvested soybeans wi...
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.