Larger U.S. Soymeal Export Sales Last Week Today’s USDA/FAS export sales report indicated exports of soybeans and soyoil continued to be seasonally low, but sales of soymeal were much higher than in previous weeks. U.S. soymeal is increasingly competitive with Brazilian soymeal and that has resulted in a pickup in export sales. USDA indicated net sales of U.S. soybeans in the week ending 17 June totaled 141,700 MT for shipment in 2020/21 and only 47,300 MT for shipment in 2021/22. The top sales for 2020/21 shipment were for Japan (83,700 MT), Indonesia (66,200 MT), China (66,000 MT), Malaysia (9,300 MT), and Vietnam (8,900 MT). Those sales and others were partially offset by reductions for unknown destinations of 103,000 MT. The top...
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.
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...