Big U.S. Soy Export Sales Last Week Today’s USDA export sales report indicated exporters made very large sales of soybeans and soymeal in the week ending 3 October. However, sales and exports of soyoil continued to be very small. Net soybean export sales last week totaled 2,092,500 MT for shipment in 2019/20. As expected, the top sales were for China (1,177,700 MT). The other large sales were for unknown destinations (210,000 MT), Spain (207,300 MT), Taiwan (78,900 MT), and the United Kingdom (59,700 MT). The sale to the UK included 58,000 MT switched from Egypt. USDA also indicated 3,000 MT of soybeans were sold to Japan for shipment in 2020/21. Soybean exports last week totaled 1,038,500 MT. The top destinations were Spain (207,3...
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.