U.S. Soybean Export Sales Down Sharply Last Week, But Exports Large Today’s USDA export sales report indicated exporters of U.S. soybeans, soymeal, and soyoil had a down week in terms of making new export sales. However, exports of soybeans were large. Net soybean export sales last week totaled only 406,900 MT, a marketing year low. That was 68 percent below the past four-week average. The top sales were for China (476,900 MT). However, of that amount 396,000 MT were switched from unknown destinations. The other top sales were for Thailand (82,400 MT), Vietnam (78,100 MT), Spain (66,900 MT), and the Netherlands (66,000 MT). Those sales and others were offset by reductions for unknown destinations of 539,100 MT. USDA reported a reduc...
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.