Soy Export Sales Highlights Today’s USDA export sales report confirmed the downward trend in U.S. soybean export sales as Brazil ramps up its sales and exports of the oilseed. Export sales of soymeal and soyoil were fairly good for this time of the year. Net sales of U.S. soybeans for export in 2020/21 in the week ending 18 March totaled only 101,800 MT. That was 56 percent below the past four-week average. The top sales were for Egypt (109,700 MT), Indonesia (63,100 MT), Mexico (50,600 MT), Japan (9,600 MT) and Malaysia (4,800 MT). Those sales and others were partially offset by shifts from unknown destinations of 152,500 MT). Sales of soybeans for shipment in 2021/22 totaled 65,000 MT to unknown destinations. Soybean exports total...
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.
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...