Soybeans There was significant movement last week in the soybean market with China actively buying beans for spot delivery as well as securing new crop supplies. China was purchasing mostly from Brazil but secured Argentine cargos as well. There were several trades for September and October positions at 249X CNF China. By the end of the week there was news that U.S. and Chinese negotiators will meet in October to continue attempting to find a resolution to the trade war. Although trading companies are skeptical about the agreement, the news immediately affected the futures market, prompting a sharp decrease in Dalian soymeal and soyoil futures that tanked Chinese crush margins. Due to the negative crush margins, Chinese buyers immed...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.