Soybeans The market was slow last week with the Brazilian market almost out of old crop supplies. There are only a few cargoes offered at very high prices, and the volume is obviously very small compared to what Chinese crushers need for spot shipment. Chinese stocks have been dropping as Brazilian exports have slowed and the Chinese crush rate remains steady. China still needs to cover 3-4 MMT of soybeans until the Brazilian harvest hits in February. Notably, most of the elevation capacity in February is already committed to both China and non-China destinations. Consequently, the market will remain tight in February, with buyers trying to rebuild stocks in many destinations. Today, there was news confirming that China...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
Inflation is back in the driver’s seat, and agriculture is getting pulled in two directions. A stronger dollar is pressuring grains despite fresh Chinese buying, while renewed Middle East attacks lift crude oil. Higher energy prices can support commodities, but they also raise expenses an...
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Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.