Larger U.S. Soymeal Export Sales Last Week Today’s USDA/FAS export sales report indicated exports of soybeans and soyoil continued to be seasonally low, but sales of soymeal were much higher than in previous weeks. U.S. soymeal is increasingly competitive with Brazilian soymeal and that has resulted in a pickup in export sales. USDA indicated net sales of U.S. soybeans in the week ending 17 June totaled 141,700 MT for shipment in 2020/21 and only 47,300 MT for shipment in 2021/22. The top sales for 2020/21 shipment were for Japan (83,700 MT), Indonesia (66,200 MT), China (66,000 MT), Malaysia (9,300 MT), and Vietnam (8,900 MT). Those sales and others were partially offset by reductions for unknown destinations of 103,000 MT. The top...
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
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.