U.S. Soy Export Sales Highlights USDA’s export sales report for the week ending 16 May showed sales of U.S. soybeans were up from the previous week, but those of U.S. soymeal and soyoil were slightly lower. Net soybean export sales for shipment in 2018/19 totaled 535,800 MT, 45 percent above the week prior. The top sales were to unknown destinations (255,500 MT), Indonesia (78,000 MT), China (71,000 MT), Egypt (55,000 MT) and Japan (15,900 MT). Sales for shipment in 2019/20 totaled only 5,100 MT. Soybean exports last week totaled 570,800 MT, mainly to China (272,100 MT), Mexico (100,600 MT), Indonesia (76,100 MT), Japan (42,500 MT) and Costa Rica (15,400 MT). The sale of an additional 71,000 MT to China was a bit surprising conside...
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.