Soyoil has clearly gained the most demand in China during this decade. Its consumption is forecast to be one-third greater in 2015/16 than in 2010/11 despite a 35 percent drop in imports. Daily Rains Now a Problem in Mato Grosso After a long period of drought this year, Brazil’s Mato Grosso has shifted to almost daily rains across major soybean-growing areas. Recent forecasts call for this pattern to continue across most of that state and neighboring ones through 2 February with a total accumulation of 143 millimeters (5.6 inches) over the next 15 days. This ongoing rainfall makes it largely impossible for the early-planted soybeans to be harvested as the plants are not dry enough. As a result, only about 2 percent of the state’s crop has...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.