U.S. Soymeal Export Sales Continue to Be Large Today’s USDA export sales report indicated net U.S. soybean export sales last week for shipment in 2019/20 increased by only 469,700 MT. That was 41 percent below the previous week and 11 percent below the past four-week average. However, U.S. soymeal export sales last week continued to be unseasonably large and soyoil export sales were solid as well. Last week’s top soybean export sales were for China (360,900 MT). That included 210,000 MT of sales switched from unknown destinations. The other top sales were for Japan (95,700 MT), Spain (71,400 MT), the Netherlands (69,100 MT) and Thailand (45,400 MT). Those sales and others were partially offset by additional reductions in sales...
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
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.