China to Continue Importing U.S. Soybeans but Unlikely to Purchase More Bloomberg reported today that sources in China indicate state-owned enterprises COFCO and Sinograin intend to continue importing the soybeans already purchased from the U.S. However, the two companies have not been told to buy the remaining 6.653 MMT of the 20 MMT that China pledged to purchase during the trade negotiations that have now stalled. At that time, it had promised to buy/import 20 MMT of U.S. soybeans. USDA export sales report data indicates that 13.347 MMT were bought with 6.343 MMT of that shipped as of 16 May, leaving 7.004 MMT still to be exported. Trade sources indicate there are now seven vessels at PNW ports and nine at USG ports that are either load...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
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.