U.S. Soy Export Sales Highlights Today’s USDA/FAS export sales report indicated exporters made moderate export sales of U.S. soybeans and soymeal in the week ending 20 May but made almost no sales or exports of soyoil. Exports of soybeans and soymeal were seasonally positive. Net sales of soybeans for export last week totaled 55,900 MT for shipment in 2020/21 and 248,300 MT for shipment in 2021/22. The top sales for 2021/22 were for Indonesia (74,900 MT), Egypt (52,000 MT), Mexico (34,800 MT), Japan (13,700 MT), and Vietnam (13,600 MT). Those sales and others were partially offset by reduction for unknown destinations of 168,100 MT. The sales for 2021/22 were mostly for Mexico (162,500 MT) and unknown destinations (45,000 MT). Soybe...
Wool is one of the most misunderstood U.S. agricultural commodities. Fine wool in the 17–21 micron range commands premium prices in luxury apparel, technical outdoor gear, and high-end knitwear, while coarser wool is gaining support as building codes and standards shift toward natural-fib...
There are plenty of major headlines moving across the markets today, but the reaction beneath them remains cautious. Crude oil is holding steady despite reports of progress involving the Strait of Hormuz, corn and soybeans remain tied to changing weather forecasts, and wheat continues to weigh...
Key Takeaways: Sugarcane is the world’s largest crop by total production volume, surpassing major commodities such as corn, wheat, and soybeans, and supplies roughly 80 percent of global sugar production. Sugarcane’s perennial growth cycle allows farmers to harvest multiple crops f...
From WPI Consulting
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.