World Perspectives
soy-oilseeds

Oilseed Highlights: Export Sales; Argentine Soy Sales; Thailand Restriction; Soy and COVID-19

Big U.S. Soybean Export Sales Last Week The week ending 14 May was a good one for U.S. exporters of soybeans, soymeal and soyoil according to today’s USDA export sales report. Large sales to China were the major reason. Net soybean export sales last week for shipment in 2019/20 totaled 1,205,000 MT. The top sales were for China (737,400 MT), unknown destinations (177,700 MT), Egypt (89,300 MT), Italy (38,600 MT), and Canada (28,800 MT). Sales for shipment in 2020/21 totaled 464,200 MT with all but 2,000 MT of that being for China. Soybean exports last week totaled 500,000 MT. The destinations mostly were Egypt (137,300 MT), China (76,700 MT), Mexico (61,300 MT), Italy (38,600 MT), and Taiwan (36,000 MT).  Net soymeal export sa...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Continued Edging Lower on Big Supplies

It was a mixed and quiet close to the market after a week of mostly price declines. There were new contract lows scored by front month SRW and HRS. Soybean traders didn’t know where to take their positions and so they left the September and November contracts both unchanged. Outside marke...

Tariffs, Mexico Extension, Federal Reserve, and Jobs Report

President Trump signed an executive order yesterday unveiling a massive overhaul of U.S. tariff policy, introducing a series of new tariff rates for U.S. trading partners. The executive order was signed hours before today’s deadline, but the order also included a provision to start the ne...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1075/bushel, down $0.03 from yesterday's close.  Sep 25 Wheat closed at $5.1675/bushel, down $0.065 from yesterday's close.  Nov 25 Soybeans closed at $9.8925/bushel, up $0 from yesterday's close.  Dec 25 Soymeal closed at $280.5/short ton, up $4.5 from y...

feed-grains soy-oilseeds wheat

Market Commentary: Continued Edging Lower on Big Supplies

It was a mixed and quiet close to the market after a week of mostly price declines. There were new contract lows scored by front month SRW and HRS. Soybean traders didn’t know where to take their positions and so they left the September and November contracts both unchanged. Outside marke...

Tariffs, Mexico Extension, Federal Reserve, and Jobs Report

President Trump signed an executive order yesterday unveiling a massive overhaul of U.S. tariff policy, introducing a series of new tariff rates for U.S. trading partners. The executive order was signed hours before today’s deadline, but the order also included a provision to start the ne...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1075/bushel, down $0.03 from yesterday's close.  Sep 25 Wheat closed at $5.1675/bushel, down $0.065 from yesterday's close.  Nov 25 Soybeans closed at $9.8925/bushel, up $0 from yesterday's close.  Dec 25 Soymeal closed at $280.5/short ton, up $4.5 from y...

feed-grains soy-oilseeds wheat

How Will Soybeans’ Uncertain Outlook Affect Other Commodities?

November soybean futures’ recent move below the psychologically important $10.00 threshold has triggered concerns about weakness there affecting other markets. The question of how soybeans could impact other markets is germane because the oilseed is facing larger and more rapid adjustment...

Image
From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up