U.S. Soy Export Sales Highlights The week ending 19 August was a good one for exporters of U.S. soybeans for shipment in 2021/22, but not so much for exporters of soymeal and soyoil. Net export sales of soybeans for shipment in 2020/21 totaled only 75,100 MT while sales for shipment in 2021/22 totaled 1,750,000 MT. The top sales for 2020/21 were for China (90,800 MT), the Netherlands (66,000 MT), Taiwan (21,100 MT), Indonesia (19,700 MT), and Vietnam (5,900 MT). Those sales and others were partially offset by reduction for unknown destinations of 131,000 MT. The top sales for shipment in 2021/22 were for China (934,500 MT), unknown destinations (587,900 MT), Mexico (148,600 MMT), Taiwan (26,500 MT), and Indonesia (15,400 MT). Soybea...
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.