Argentina and Brazil, the two main competitors to the U.S. in the soybean sector, have seen their currencies fall in value to the U.S. dollar. If that trend continues, both countries could decide not to scale back 2015 plantings, further impacting prices as well as U.S. farmers. Sharp Decline in U.S. Soybean and Soymeal Export Sales Last week saw the continuation of the expected seasonal decline in U.S. soybean and soymeal export sales. Net soybean export sales for shipment in 2014/15 totaled only 167,900 MT, 70 percent below the past four-week average. Sales primarily to China (156,800 MT), the Netherlands (105,100 MT), Bangladesh (54,300 MT), Mexico (53,000 MT), South Korea (25,400 MT) and Vietnam (9,200 MT) were partially offset by dec...
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: 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...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...