The Market The trading week got started with the weather premium getting chopped down due to rains in Argentina. Those rains turned out to be good but not perfect. Then a robust export sales report on Thursday shot more adrenalin into the complex. However, by week’s end more rain is seen coming to South America at the same time supplies from Brazil are getting closer to launch. So, after a few hundred thousand trades going up and down and back and forth, the March soybean contract added 0.199 percent for a value of 1509.5 cents per bushel. Both March soymeal and March soyoil moved 2.1 percent, with meal moving higher to $473.5/ST, and oil dropping down to 60.62 cents/pound. Soybeans are still in a 1476-1548 trading range, but this w...
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.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...