While Brazilian soybeans are presently more competitive than those at the U.S. Gulf for March-May, that spread is not large. Any appreciation of the real or drop of U.S. basis could easily affect the fight for Chinese business. Brazilian Soybeans If USDA's projection is correct that China will import 74 MMT of soybeans during the 2014/15 season, there should be around 23 vessels of stocks trading per week. However, that has not been the case. Chinese buyers will step away from the market for two weeks when their New Year begins 19 February. It is of course possible that they will increase purchases during the next week in order to cover needs before the holiday. These buyers recently bought Brazilian soybeans for February at +168 SH CNF C...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.