Soy Export Sales Highlights Today’s USDA/FAS export sales report indicated exporters of U.S. soybeans had moderate success in the week ending 3 December. Sales of soybeans were up from the previous week despite large reductions in sales to unknown destinations. Soymeal and soyoil sales were more modest. Net soybean export sales for export in 2020/21 totaled 569,000 MT, a 40 percent increase over the previous week, but 42 percent below the past four-week average. The largest sales as usual were for China (685,400 MT), but 459,000 MT of that was switched from unknown destinations. The other substantial sales were for Mexico (178,600 MT), Thailand (103,800 MT), the Netherlands (95,200 MT), and Egypt (86,100 MT). Total reductions in sal...
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
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.