Large Soy Export Sales Last Week Today’s USDA export sales report showed last week was again brisk for U.S. soybeans and products. Importantly, it did not include any cancellations of soybean sales to China, although it did indicate large sales to unknown destinations. 1,510,500 MT of soybeans were sold for shipment in 2017/18 during the week ending 5 April, mainly to unknown destinations (665,800 MT), China (254,700 MT), Egypt (132,500 MT), Mexico (131,300 MT) and Taiwan (96,500 MT). Sales for shipment in 2018/19 totaled 954,000 MT, primarily to unknown destinations (572,000 MT), China (258,000 MT) and Mexico (123,000 MT). Soybean exports last week totaled only 419,700 MT, a marketing year low, and were destined mainly to China (76...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
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.