Indian Soymeal Exports Fall Sharply in December The Solvent Extractors' Association (SEA) of India this week reported that Indian soymeal exports in December 2012 totaled 494,456 MT, down 38 percent from the 798,041 MT it exported in December 2011. Exports of other protein meals (rapeseed, rice bran and cottonseed) in December 2012 totaled 50,490 MT, well below the 155,485 MT of other meals it exported in December 2011.SEA indicates India exported 1,883,677 MT of soymeal during April – December 2012. That was a 26.1 percent drop from the 2,549,824 MT it exported in the same period a year earlier. Exports of other protein meals during the nine-month period totaled 1,027,538 MT. Exports during the same period a year earlier totaled 1,385,6...
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.
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...