Sizable Old-Crop Soybean and Soymeal Export Sales This week's USDA export sales report showed sizable sales of soybeans and soymeal for shipment in 2012/13. Net old-crop soybean sales totaled 128,300 MT. The main buyers were unknown (34,900 MT), Indonesia, (31,500 MT), Japan (29,800 MT), Taiwan (25,500 MT) and Vietnam (5,500 MT). Sales were partially offset by a 1,300 MT decrease for Mexico. Exports totaled 82,000 MT with the main destinations being Mexico (34,100 MT), Indonesia (26,100 MT), Japan (6,800 MT), Vietnam (6,600 MT) and Canada (4,400 MT). Sales of soybeans for the 2013/14 shipment totaled 665,200 MT with China (426,000 MT) and unknown destinations (165,000 MT) the main buyers.Net export sales of soymeal last week for shipme...
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.