U.S. Soy Export Sales Decline as Expected Today’s USDA export sales reports indicated U.S. export sales of soybeans declined in the week ending 11 March. The decline was expected as Brazil’s exports have been rapidly ramping up. U.S. soybean exports were also down as expected. Sales of soymeal were down slightly from the previous week, but exports were up. Soyoil export sales also were up, but exports were down. Net soybean export sales last week, all for shipment in 2020/21, totaled 202,400 MT. That was 31 percent below the past four-week average. The top sales were for China (71,500 MT), Mexico (66,000 MT), Bangladesh (57,100 MT), Indonesia (31,300 MT), and Japan 25,100 MT). Those sales and others were partially offset by re...
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
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.