Near Record NOPA Soybean Crush in December The National Oilseed Processors Association yesterday released its monthly soybean crush report for December. The report indicated NOPA’s members reported crushing 174.812 million bushels (4.758 MMT) of soybeans in December. That was up from the 164.909 million bushels (4.489 MMT) crushed in November. It not only was a record crush volume for December, but it also was the second-largest crush during any month. The only month larger was October 2019 when 175.397 million bushels (4.774 MMT) were crushed. The report indicated NOPA members had 1.757 billion pounds (796,970 MT) of soyoil in storage at the end of December. That was 21.3 percent greater than oil stocks on 30 November 2019 of...
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.