Soy Export Sales Highlights Today’s USDA/FAS export sales report indicated exporters of U.S. soybeans and soymeal had fair success making export sales during the week ending 11 November. Sales of soyoil for export were excellent and the largest weekly total since the week ending 5 November 2020. Net soybean export sales last week for shipment in 2021/22 totaled 1,382,700 MT. That was 13 percent above the previous week, but down 20 percent from the past four-week average. The top sales were for China (727,500 MT), the Netherlands (133,000 MT), Spain (113,700 MT), Thailand (74,600 MT), and unknown destinations (60,100 MT). A sale for shipment of 7,800 MT of soybeans to Cuba in 2022/23 was shifted to 2021/22. Soybean exports totaled 2,...
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: 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...