Data released yesterday by China's General Administration of Customs indicates Chinese soybean processors have sharply increased their soymeal exports in the first four months of CY 2014 compared to a year earlier. U.S. Soy Export Sales Larger Than Expected Although the South American soybean industry is currently in full-blown export mode, the U.S. still managed to have soy export sales last week that were above market expectations. The market was already tight and just became even more so with last week's export sales.Net soybean export sales last week for shipment in 2013/14 totaled 164,400 MT. That was well above the range of analysts queried by Reuters. The sales were mainly to Mexico (65,100 MT), Indonesia (29,000 MT), Taiwan (22,90...
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.