Small Old Crop Soy Export Sales Last Week As expected, today's USDA Export Sales report revealed U.S. exporters only made small net export sales of soybeans and soy products last week. Net new soybean export sales last week for shipment in 2012/13 totaled only 14,500 MT. The main sales were to Indonesia (87,700 MT), Malaysia (25,000 MT), Taiwan (3,000 MT), Guatemala (2,600 MT) and Vietnam (1,800 MT). Sales were largely offset by decreases to unknown of 107,000 MT and 4,500 MT to Mexico. Exports last week totaled 223,000 MT, with the main destinations being Indonesia (787,900 MT), Mexico (61,900 MT), Japan (26,900 MT), Malaysia (25,000 MT) and Morocco (10,500 MT). Net new sales of soybeans last week for shipment in 2013/14 totaled 451,100...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.
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...