Fairly Positive Week for U.S. Soybean and Soymeal Export Sales Today’s USDA export sales report had no surprises. Sales and exports of soybeans and soymeal were positive, although subdued as normal at this point in the marketing year. Soyoil sales and exports were very small as they have been for weeks. Net soybean export sales in the week ending 8 July totaled only 21,700 MT for shipment in 2020/21 and 290,800 MT for shipment in 2021/22. The top sales for shipment in 2020/21 were for Indonesia (61,500 MT), France (18,500 MT), Japan (12,600 MT), The Netherlands (10,800 MT), and Cuba (8,000 MT). Those sales and others were substantially offset by reduction in sales to unknown destinations of 109,900 MT. The top sales for shipment in...
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...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.