Soy Export Sales Highlights Today’s USDA export sales report was positive for the U.S. soy industry. Sales and exports of soybeans and soymeal were solid and soyoil exports were a marketing year high. Net soybean export sales in the week ending 4 March for shipment in 2020/21 totaled 350,600 MT. Sales for shipment in 2021/22 totaled 213,200 MT. The sales for shipment in 2020/21 mainly were for China (90,200 MT), Indonesia (81,000 MT), Mexico (77,900 MT), Germany (68,100 MT), and Egypt (64,700 MT). Those sales and others were partially offset by reductions for unknown destinations of 125,300 MT. The sales for shipment in 2021/22 were for Taiwan (65,000 MT), China (63,000 MT), Bangladesh (55,000 MT), and Japan (30,200 MT). Soybean exp...
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...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.