Export Sales Report Shows Slowing Soybean Sales for 2012/13 Today's USDA Export Sales report indicated U.S. exporters last week sold 386,000 MT of soybeans for shipment in 2012/13. That was about the same as the previous week, but 42 percent below the four-week average. The slowdown is not only expected, but also necessary to assure an adequate supply to meet domestic demand the rest of the year. The main destinations for the export sales were China (292,100 MT), the Netherlands (76,200 MT), Indonesia (70,800 MT), Vietnam (62,000 MT) Turkey (44000 MT), Egypt (40,000 MT) and Mexico (30,500 MT). Reductions in sales to unknown destinations totaled 277,000 MT. Exporters also sold 867,000 MT of soybeans for shipment in 2013/14; the main desti...
Key Takeaways: Brazil confirmed a Newcastle disease outbreak at a commercial turkey farm in Santa Catarina on 18 October, raising concerns about potential disruptions to poultry exports despite the outbreak being confined to a single facility thus far. Mexico and Malaysia have imposed nationwi...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
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.