Soy Export Sales Highlights Today’s USDA export sales report for the week ending 6 February indicated exporters had moderate soybean and soymeal export sales and very good soyoil export sales. However, there were no substantial sales or exports of soybeans to China and that had to be a bit disappointing to the market. Net soybean export sales last week totaled 644,800MT for shipment in 2029/20 and 6,300 MT for shipment in 2020/21. The top sales for shipment in the current marketing year were for China (132,000 MT), Egypt (120,000 MT), Bangladesh (60,900 MT), the Netherlands (56,000 MT), and Japan (48,400 MT). The sales for 2020/21 shipment were almost all to Japan. Soybean exports totaled 611,300 MT. That was down 50 percent f...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
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.