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...
Key Takeaways: Milk alone has not covered the full economic cost in any year since 2021: milk revenue fell short by $4.50, $2.15, $6.50, $1.27 and $2.34 per hundredweight in 2021 through 2025. Calf and cattle prices decided whether dairies cleared cost: cattle and other income lifted total rev...
Key Takeaways: Dry bulk markets are mixed with Capesize rates seeing solid gains while Panamax values slipped on a growing tonnage list. Supramax and Handysize vessels were stronger, though all sectors remain vulnerable to the seasonal dip in rates through Q4 and into Q1. Falling water l...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
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.