Argentine farm organizations yesterday asked soy exporters to stop inspecting cargoes for bootleg biotech soybean events. The exporting firms have been doing so on behalf of Monsanto, but farmers insist that there is only one entity that should be conducting inspections. NOPA's Record March Soybean Crush Volume Yesterday's National Oilseed Processors Association (NOPA) March soybean crush report was a bit of a surprise to the market at 162.822 million bushels. This was a record for that month and the fourth-highest for any month in history. It was 5.8 percent greater than the volume crushed in March 2014. Seven analysts surveyed by Reuters had an average estimate of 155.261 million bushels with the highest at 159.5 million bushels. Obviou...
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...
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.