Soybeans would seem poised for an imminent selloff, but Argentina's farmers are being motivated to retain their large harvest by the futures market there that is showing a sizable carry from May through November. Soybeans The basis for South American soybeans was reluctant to follow the Chicago futures lower after this week's WASDE report was published. Good demand for soyoil is enabling Chinese crushers to maintain positive margins and could be contributing to this strength. However, the present limited export pace could be a sign that the durability of this condition is limited.There is still loading capacity at Brazilian ports for the month of May, which is not a normal development. There are usually huge lineups for both April and May...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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.