Soy Export Sales Highlights Today’s USDA export sales report indicated there was a rebound in soybean export sales in the week ending 25 February. Sales of soymeal and soyoil also increased last week compared to the previous week. Net soybean export sales last week totaled 334,000 MT for shipment in 2020/21. The top sales were for Mexico (139,700 MT), Germany (137,700 MT), Japan (121,800 MT), the Netherlands (68,100 MT), and Bangladesh (56,000 MT). Those sales and others were partially offset by reductions for unknown destinations of 351,400 MT. It appears that only the sale to Germany was a new sale rather than a shift from unknown destinations. The report also indicated exporters sold 199,400 MT of soybeans for shipment in 2021/22...
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
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.