U.S. Soy Export Sales Exporters of U.S. soybeans and soy products must have been somewhat disappointed with today’s USDA export sales report, which indicated last week’s sales for all thee commodities were below the past four-week average. Net soybean export sales for 2017/18 shipment totaled only 371,300 MT, 63 percent below the last four-week average. The sales were primarily to Indonesia (133,300 MT), the Netherlands (82,000 MT), Mexico (53,000 MT), Taiwan (26,400 MT) and Japan (22,000 MT). Sales for shipment in 2018/19 totaled 166,500 MT, mostly to unknown destinations (109,000 MT) and Mexico (39,900 MT). Soybean exports totaled 446,100 MT, destined mainly to China (127,800 MT), Indonesia (94,400 MT), the Netherlands (82,0...
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...