U.S. Soy Export Sales and Exports Update Today’s USDA/FAS export sales report indicated exporters had a positive week selling U.S. soybeans for export in the week ending 23 September. Soybean exports also picked up from the previous week. Sales of soymeal also were fairly positive. Net sales of soybeans for export in 2021/22 totaled 1,093,900 MT. The top sales were for China (776,500 MT), Egypt (92,500 MT), the Netherlands (86,300 MT), Turkey (55,000 MT), Mexico (43,400 MT), Italy (39,200 MT), and Spain (33,000 MT). Sales of 7,800 MT of soybeans to Cuba for export in 2022/23 also were reported. Soybean exports last week totaled 528,700 MT. The top destinations were China (292,200 MT), the Netherlands (86,300 MT), Italy (39,200...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.