There have been soybean export sales announced every day except for one during the past two-week period, and the outlook for future sales is all about one particular country.There have been soybean export sales announced every day except for one during the past two-week period (see table below). These are only the daily sales that must be registered if the volume exceeds 100,000 MT. The weekly export sales do not require registration. John Baize discussed the U.S. soybean sales outlook yesterday in greater detail (see Ag Perspectives, 21 September). It is of course all about China, and the Chinese appetite for soybeans doesn’t appear to be satiated quite yet.USDA pegged China’s MY 2017/18 imports at 95 MMT in its September estimate. Other a...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.