Soy Export Sales Highlights Today’s USDA export sales report was both positive and somewhat disappointing. Sales of soybeans for the upcoming marketing year were large, but not for 2019/20. Sales of soymeal and soyoil were disappointing. However, exports of soybeans and soymeal last week were positive. Net soymeal export sales in the week ending 13 August totaled a negative 12,700 MT for 2019/20 and 2,573,200 MT for shipment in 2020/21. The top sales for 2019/20 were for the Netherlands (137,000 MT), Indonesia (88,800 MT), Spain (40,000 MT), Japan (38,700 MT), and France (23,000 MT). Those sales and other were more than offset by a reduction in unknown destinations (342,800 MT) and China (32,800 MT). The top sales for shipment in 20...
Wool is one of the most misunderstood U.S. agricultural commodities. Fine wool in the 17–21 micron range commands premium prices in luxury apparel, technical outdoor gear, and high-end knitwear, while coarser wool is gaining support as building codes and standards shift toward natural-fib...
There are plenty of major headlines moving across the markets today, but the reaction beneath them remains cautious. Crude oil is holding steady despite reports of progress involving the Strait of Hormuz, corn and soybeans remain tied to changing weather forecasts, and wheat continues to weigh...
Key Takeaways: Sugarcane is the world’s largest crop by total production volume, surpassing major commodities such as corn, wheat, and soybeans, and supplies roughly 80 percent of global sugar production. Sugarcane’s perennial growth cycle allows farmers to harvest multiple crops f...
From WPI Consulting
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.