Sizable New Crop Soy Export Sales, Soymeal Sale to China Today's export sales report from USDA continued the trend of recent weeks of very small old crop export sales of soybeans, soymeal and soyoil and large new crop sales of soybeans. The report indicated old crop soybean sales totaled only 794,400 MT, with the main buyers being Indonesia (23,700 MT), Taiwan (16,400 MT), Malaysia (10,000 MT), Japan (10,000 MT) and Thailand (8,000 MT). Soybean sales for shipment after 1 September totaled close to 1.018 MMT, with the main destinations being unknown (525,000 MT), China (381,000 MT) and Egypt (60,000 MT). Soybean exports last week were a marketing year low of only 49,600 MT, with the main destinations being Japan (18,800 MT), Mexic...
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.