Large Soybean and Soymeal Export Sales Today's USDA Exports Sales Report indicated U.S. exporters sold large amounts of soybeans and soymeal last week. Soybean sales totaled 1,219,300 MT, with 374,300 MT for shipment in 2011/12. Sales for shipment in 2012/13 totaled 845,000 MT. As usual, China was the top buyer with sales of 127,200 MT for this marketing year and 615,000 MT for delivery in 2012/13. Not included in the soybean sales last week were sales of 565,000 MT USDA has announced this week.Other notable soybean buyers for this year were Turkey (72,900 MT), unknown (54,000 MT), Netherlands 62,800 MT) and Mexico (28,900 MT). The largest buyers of soybeans for 2012/13 other than China were unknown (170,000 MT) and France (60,000 MT).So...
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is the largest importer of Brazilian maize in the first six months of 2026. Egypt imported about 28.4 percent of maize exports, or about 1.7 million MT. Iran was the third-largest importer at 14.5 percent, or 900,000 MT, fol...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...