U.S. Soy Export Sales Today’s USDA export sales report indicated last week was good for exporters of U.S. soybeans and soymeal. Export sales of soybeans were up 58 percent from the previous week and 19 percent above the past four-week average. Soymeal export sales were 40 percent higher than in the previous week. Net soybean export sales in the week ending 28 October totaled 1,863,900 MT. The top sales were for China (1,207,300 MT), Mexico (157.400 MT), the Netherlands (142,100 MT), Egypt (140,500 MT), and Spain (92,900 MT). Soybean exports last week totaled 2,650,500 MT, 46 percent above the past four-week average. The top destinations were China (1,864,500 MT), Mexico (178,600 MT), the Netherlands (142,100 MT), Spain (92,900 MT),...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.