Correction: Argentine Soymeal Not Headed to U.S. On Tuesday it was indicated that a ship lineup provided by the NABSA shipping agency in Argentina included shipments of soymeal totaling 92,178 MT headed to the U.S. The agency’s lineup was reported by Thomson Reuters. However, NABSA now indicates the soymeal is instead headed to Vietnam and Thailand. It is not clear why the destination was inaccurately published earlier. However, the shipments to the U.S. seemed credible because it normally has been in May and June that a consortium of swine and poultry producers in North Carolina have imported soymeal from South America. That may still happen, but not yet. Apologies for the erroneous information. U.S. Soy Export Sales High...
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...