A summary of the bullish and bearish supply, demand and policy machinations affecting the global oilseeds sector. Supply Bullish Argentina: Soybean planted area was at 44.3 percent last week, slightly behind a year ago and there are now worries about dryness. Meanwhile, crush plant workers are threatening a strike. Brazil: Soybean planting is just about complete, and dryness persists in southern Brazil, particularly Rio Grande do Sul and Santa Catarina. China: CASDE reduced expected domestic soybean production in 2021/22 by 2.2 MMT to a total of 16.40 MMT, a 16 percent decline from a year earlier. Russia: The sunoil export duty was raised $4.10/MT to a total of $280.80/MT. U.S.: Soybean crush was at 5.36 MMT in October, 20 perc...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
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WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.