U.S. Soy Export Sales Continue Seasonal Decline Today’s USDA weekly export sales report for the week ending 8 April shows a continuation of the seasonal decline in sales of soybeans, soymeal, and soyoil. That was to be expected considering the price premium for U.S. soy over that from South America and the very tight soybean stocks situation expected in the U.S. this year. Net sales of soybeans last week for export in 2020/21 totaled 90,400 MT. The top sales were for Indonesia (79,500 MT), South Korea (29,600 MT), Vietnam (25,600 MT), Mexico (15,700 MT), and Japan (12,700 MT). Those sales were partially offset by reductions of 55,000 MT for China and 45,000 MT for unknown destinations. Net sales for shipment in 2021/22 totaled 265,5...
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.
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...