It is rare that palm oil trades at a premium to soyoil, but a shortage is resulting in higher prices that are expected to lead to substantial increases in demand for soyoil, sunflower oil and rapeseed oil. Chinese Crushers Band Together to Slow Soybean Imports and Crush Large negative soybean crushing margins resulting from a slowdown in soymeal demand and an overabundance of crushed soybeans have caused several Chinese crushers to all agree to restrain processing in order to improve profitability. Such a coordinated effort by soybean crushers would be illegal in the U.S., but that does not appear to be the case in China since state-owned companies are evidently participating in the effort. The slowdown was announced on Monday by the Chin...
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...
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.