While today’s USDA export sales report showed exporters had good success selling U.S. soy last week, it also indicates that sales and exports of soymeal to Mexico thus far are particularly up sharply. Good Soy Export Sales Last Week Today’s USDA export sales report showed exporters had good success selling U.S. soy last week. It indicated they had net sales of soybeans for shipment in 2015/16 of 1.7976 MMT, 23 percent above the past four-week average. The main destinations for the sales were China (1.6444 MMT), the Netherlands (90,400 MT), Spain (72,700 MT), Taiwan (68,600 MT), Egypt (66,000 MT), Portugal (60,600 MT), Bangladesh (50,700 MT), Italy (40,000 MT) and Tunisia (27,600 MT). Those sales were partially offset, mostly by shifts fro...
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
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.