U.S. Soybean Export Sales Down Sharply Last Week, But Exports Large Today’s USDA export sales report indicated exporters of U.S. soybeans, soymeal, and soyoil had a down week in terms of making new export sales. However, exports of soybeans were large. Net soybean export sales last week totaled only 406,900 MT, a marketing year low. That was 68 percent below the past four-week average. The top sales were for China (476,900 MT). However, of that amount 396,000 MT were switched from unknown destinations. The other top sales were for Thailand (82,400 MT), Vietnam (78,100 MT), Spain (66,900 MT), and the Netherlands (66,000 MT). Those sales and others were offset by reductions for unknown destinations of 539,100 MT. USDA reported a reduc...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.