Soy Export Sales Highlights Today’s USDA export sales report was positive for soybeans, but not so much for soymeal and soyoil. Maybe China’s stepped up buying of U.S. soy will result in large sales in coming weeks. Net soybean export sales in the week ending 7 May totaled 655,500 MT for shipment in 2019/20 and 440,000 MT for shipment in 2020/21. The top sales for 2019/20 were for China (274,900 MT), Egypt (111,600 MT), the Netherlands (68,400 MT), Italy (48,600 MT), and Indonesia (45,500 MT). These sales and others were partially offset by reductions in unknown destinations of 182,300 MT. The sales for shipment in 2020/21 were for China (374,000 MT) and unknown destinations (66,000 MT). Soybean exports last week totaled 473,8...
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.