Soy Export Sales Highlights Today’s USDA/FAS export sales report indicated exporters of U.S. soybeans had moderate success in the week ending 3 December. Sales of soybeans were up from the previous week despite large reductions in sales to unknown destinations. Soymeal and soyoil sales were more modest. Net soybean export sales for export in 2020/21 totaled 569,000 MT, a 40 percent increase over the previous week, but 42 percent below the past four-week average. The largest sales as usual were for China (685,400 MT), but 459,000 MT of that was switched from unknown destinations. The other substantial sales were for Mexico (178,600 MT), Thailand (103,800 MT), the Netherlands (95,200 MT), and Egypt (86,100 MT). Total reductions in sal...
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...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.