China’s U.S. Soybean Purchases Apparently Headed for National Reserve Reports out of China indicate Sinograin and COFCO intend to import the remainder of the 13-14 MMT of U.S. soybeans they have purchased and put those stocks in the national reserve. Thus far, 6.884 MMT of that total have been shipped, which leaves approximately 6.67 MMT left to be exported by the end of MY 2018/19. Traders indicate it would cost the two SOEs a great deal of money to cancel the purchases, and China will ultimately need the soybeans for use by the country’s crushers. If the trade conflict continues and China refuses to buy more from the U.S., having the soybeans in reserve could be very useful if weather problems cut U.S. and South Americ...
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...
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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.