The government of Bolivia has reached an agreement with China that is aimed at boosting its exports to that country. However, it faces one certain challenge to achieving this goal. Bolivia Agreement with China to Boost Soybean Exports The government of Bolivia has reached an agreement with China that is aimed at boosting its exports to that country. The final version is expected to be signed in November and take effect in 2018. The key commodities covered include soybeans, beef and coffee. Bolivian officials contend that soybean exports to China will rise to as much as 4 MMT, and this will require a doubling of the domestic soybean output. That will likely take several years as Bolivia’s soybean production and exports in 2016/17 totaled o...
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.
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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...