Soybeans Market Overview After several weeks of uncertainty, the market is starting to realize that the trade war won’t find a short-term solution. The Chinese purchases that U.S. exporters were waiting for never appeared and suddenly the Chinese have started looking for more Brazilian soybeans. Sport offers started to trade again with more demand for October and November positions, showing Chinese crushers’ need to cover nearby positions as no more U.S. soybeans were traded. This supported Brazilian basis for November positions, which traded last week at 189X CNF, 8 cents higher than prior sales. Brazil October Brazilian soybean exports will probably exceed September volumes, showing a changing trend after 6 str...
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.