With Brazil now aggressively exporting new crop soybeans, yesterday’s USDA report indicated U.S. export sales of soy continued at the expected pace. Meanwhile, the EU has revised its forecast of rapeseed production based on a change in planted area. Slowdown in U.S. Soy Export Sales Continues With Brazil now aggressively exporting new crop soybeans, yesterday’s USDA report indicated U.S. export sales of soy continued the expected seasonal slowdown. Net export sales of soybeans totaled 427,700 MT last week, 27 percent above last week’s total but 23 percent below the past four-week average. The sales were mainly to China (207,101 MT), Indonesia (49,000 MT), Peru (33,600 MT), Mexico (31,800 MT) and Japan (29,800 MT). Last week’s soybean expo...
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.