World Perspectives
soy-oilseeds biofuel energy

Oilseed Highlights

Argentine exporters are facing shipping delays because of a ship blockage on the Parana River and may soon also encounter a port workers' strike. Brazil Crusher Association Reduces Soybean Crop Forecast Brazil's oilseed crushing association, Associação Brasileira das Indústrias de Óleos Vegetais (ABIOVE), today lowered its forecast for that country's 2014 soybean crop from 88.6 MMT to 86.1 MMT. The association did not explain why it decreased its estimate, but the change is in line with reductions by the government and other private analysts. A combination of excess rain in Mato Grosso and dryness in southern Brazil late in the growing season diminished yields. Grounded Ship Continues to Stall Argentine Exports It has been nine days sin...

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Summary of Futures

Dec 25 Corn closed at $4.24/bushel, up $0.0025 from yesterday's close.  Dec 25 Wheat closed at $5.225/bushel, down $0.0175 from yesterday's close.  Nov 25 Soybeans closed at $10.255/bushel, down $0.12 from yesterday's close.  Dec 25 Soymeal closed at $284/short ton, down $0.7 fro...

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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.

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