U.S. Old-Crop Soybean Export Sales Declined Last Week Today’s USDA export sales report indicated old-crop soybean export sales declined last week, but sales for the next marketing year increased. Sales of soymeal and soyoil also were poor. Net U.S. soybean export sales for shipment in 2020/21 fell by 79,300 MT in the week ending 22 July. The top sales were for Taiwan (12,800 MT), Mexico (6,100 MT), Vietnam (5,800 MT), South Korea (4,800 MT), and Bangladesh (4,800 MT). However, those sales and others were more than offset by reductions for Japan (74,800 MT) and unknown destinations (51,500 MT). Sales of soybeans for export in 2021/22 totaled 312,800 MT. The top sales were for Mexico (160,500 MT), China (121,000 MT), Pakistan (66,000...
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...
Russian Grain Markets: 27–31 July 2026 Russian grain prices declined sharply during the week under review as new-crop supplies entered the market and demand weakened. Corn and barley prices declined, while both milling and feed wheat and rye experienced larger losses. The harvest campaign...
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.