World Perspectives
soy-oilseeds

Oilseed Highlights: U.S. Soy Export Sales; Argentine Margins; China and DDGS; Chinese Crush Volume

U.S. Soybean Export Sales More Than Double Last Week Today’s USDA export sales report for the week ending 13 June indicated the volume of U.S. soybeans sold for shipment in 2018/19 totaled 571,500 MT, up 255,900 MT or 123 percent from the previous week and 34 percent above the past four-week average.The top sales were to unknown destinations (141,400 MT), Egypt (110,000 MT), the Netherlands (82,600 MT), Japan (56,600 MT) and Indonesia (55,700 MT). The sale to the Netherlands included 66,000 MT originally sold to Argentina but then switched to that country. (There are no more unshipped sales on the books for Argentina). Net sales for shipment in 2019/20 totaled 200,000 MT, mainly to Thailand (68,000 MT), Pakistan (66,000 MT) and unkno...

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feed-grains soy-oilseeds wheat

Market Commentary: Mixed Day But a Strong Week, And More Ahead

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Please note that Ag Perspectives will not be published tomorrow, Friday, 4 July in observance of the Fourth of July holiday in the U.S. We will resume our normal report schedule on Monday 7 July...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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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.

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