U.S. Soy Export Sales Highlights Last week was a good one for U.S. soybean export sales and exports even though new sales were a marketing year low. Yet, the new sales exceeded the upper estimate of analysts queried by Reuters. Net export sales of soybeans in the week ending 12 November totaled 1,387,700 MT, all for export in 2020/21. That was 18 percent below the past foour-week average. The top sales were for China (1,060,800 MT). That included 528,000 MT switched from unknown destinations and new sales of 532,800 MT. The other top sales were for Mexico (155,900 MT), Spain (144,700 MT), Taiwan (83,400 MT), Indonesia (77,700 MT), and Egypt (74,900 MT). These and other sales were partially offset by reductions for unknown of (436,600 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...
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.