World Perspectives
soy-oilseeds

Oilseed Highlights: Export Sales; Media and Soybean Sales to China; Egypt Buys Vegoil

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...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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