Good U.S. Soy Export Sales Last Week Today’s USDA export sales report noted good success last week in the selling of U.S. soybeans, soymeal and soyoil. It also indicated that after a slow start to exports and sales in the current marketing year, the pace has nearly caught up to that of a year ago. Net soybean export sales for the week ending 12 October totaled 1,275,200 MT. While down 27 percent from the previous week, it was still a good volume. The sales were primarily to China (1,174,800 MT), but there were also sizeable sales to Pakistan (70,800 MT), Germany (66,000 MT), Turkey (65,700 MT), and the Netherlands (52,700 MT). Soybean exports totaled 1,850,000 MT, mainly to China (1,371,000 MT), Spain (70,600 MT), Germany (66,600 MT...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.