U.S. Soy Export Sales Highlights Today’s USDA weekly export sales report indicated U.S. exporters were quite successful selling soybeans to China and elsewhere in the week ending 7 March. Meanwhile, soymeal and soyoil export sales were relatively modest. Net soybean export sales for shipment in 2018/19 totaled 1,911,900 MT, including 1,707,600 MT to China. The other top destinations were Mexico (67,500 MT), Bangladesh (57,000 MT), Japan (40,800 MT) and Colombia (21,800 MT). One sale of 3,000 MT to Japan for shipment in 2019/20 was reported. Soybean exports last week totaled 819,800 MT, mainly to China (386,600 MT), Mexico (217,000 MT), Japan (91,400 MT), Indonesia (33,200 MT) and Colombia (20,300 MT). A total 23.39 MMT have been exp...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
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Illuminating the value of technical research
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