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soy-oilseeds

Oilseed Highlights: Soy Export Sales; Vicentin; China COVID-19 Request

Soy Export Sales Highlights Today’s USDA export sales report was positive for soybeans and soyoil, but not so much for soymeal sales. However, soymeal exports were postive. Net soybean export sales during the week ending 18 June totaled 601,900 MT for 2019/20 and 560,700 MT for 2020/21. The top sales for 2019/20 were for China (172,500 MT), unknown destinations (92,000 MT), Egypt (67,200 MT), Spain (55,000 MT), and Algeria (35,000 MT). The top sales for export in 2020/21 mainly were for China (393,000 MT), unknown destinations (66,000 MT), Switzerland (60,000 MT), and Taiwan (25,800 MT). Soybean exports last week totaled 302,400 MT, 19 percent below the past four-week average. The top shipments were to China (83,800 MT), Egypt (57,2...

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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.

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