Positive U.S. Soybean and Soymeal Export Sales Last Week Today’s USDA export sales report indicated exporters made very large sales of soybeans last week for shipment in 2021/22 as well as sizable shipments of soymeal for export in 2020/21 and 2021/22. Sales of soyoil were poor as expected. Net sales of soybeans totaled 92,800 MT for shipment in 2020/21 and 1,670,100 MT for shipment in 2021/22. The top sales for shipment in 2020/21 were for China (31,200 MT), Canada (19,800 MT), Mexico (7,300 MT), unknown destinations (6,400 MT), and Vietnam (6,100 MT). The top sales for shipment in 2021/22 were for China (1,147,000 MT), unknown destinations (511,600 MT), Indonesia (9,000 MT), and Taiwan (3,000 MT). Most likely some of the sales for...
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.