Argentine soybean farmers are selling their crop at the slowest pace in 10 years as producers bet on the likely effects of libertarian President Javier Milei’s actions on commodity markets, including a weakening of the peso and potential tax relief. The sales are a quarter below where they were last year. The latest government data show that farmers in Argentina, the world's largest exporter of soybean oil and meal, have sold 8.4 MMT of 2024/25 soybeans as of 19 March, equivalent to 17.3 to 18.1 percent of the expected harvest. That marked the slowest pace since the 2014/15 season when 15.7 percent of the soy harvest was sold at this point. Producers are selling only what they need to cover their expenses. It's another year wher...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
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.