Soy Export Sales Highlights Today’s USDA/FAS export sales report indicated a sharp uptick in export sales of U.S. soybeans in the week ending 10 December. Soymeal export sales also were up from the previous week. Net soybean export sales last week for shipment in 2020/21 totaled 922.300 MT. The top sales were for China (919,700 MT), Mexico (225,300 MT), Indonesia (105,600 MT), Vietnam (103,200 MT), and Thailand (95,400 MT). Those sales and others were partially offset by a reduction for unknown destinations of 817,900 MT. Sales of soybeans for export in 2021/22 totaled 94,000 MT and were for China (66,000 MT) and Mexico (28,000 MT). Soybean exports last week totaled 2,589,400 MT. The destinations were primarily to China (1,702,100 M...
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.