World Perspectives
soy-oilseeds feed-grains wheat

Oilseed Highlights: Egypt's Soybean Production, DDGS Exports to Australia and New Zealand

Egypt Wants to Double Soybean Production The government of Egypt has announced its plan to more than double its production of soybeans to reduce its dependence on vegoil imports. The government says the country produced 59,000 MT of soybeans in 2018/19 from 14,800 hectares. Its goal is to plant 32,000 hectares of soybeans in the 2019/20 crop year to produce 128,000 MT. The government said it wants to raise soybean planted area to 60,000 hectares by 2030. It is worth noting USDA estimates Egypt’s soybean production in 2018/19 at only 25,000 MT from 9,000 hectares.  It is understandable Egypt wants to reduce its imports of vegoils. USDA estimates Egypt imported about 1.8 MMT of vegoil in 2018/19 with palm oil (1.075 MMT) and sunf...

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soy-oilseeds

Oilseed Highlights: Chinese Soybeans; U.S. Soy Export Sales; Little Time for U.S. Soy Sales

China’s Soybean Output Estimated at 18.1 MMT China’s Ministry of Agriculture and rural Affairs this week raised its forecast for that country’s soybean production to 18.1 MMT. USDA also used that forecast in Tuesday’s WASDE report. The USDA forecast in November was 17.1...

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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.

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