U.S. Soy Export Sales Highlights Last week was a good one for U.S. soybean export sales and exports even though new sales were a marketing year low. Yet, the new sales exceeded the upper estimate of analysts queried by Reuters. Net export sales of soybeans in the week ending 12 November totaled 1,387,700 MT, all for export in 2020/21. That was 18 percent below the past foour-week average. The top sales were for China (1,060,800 MT). That included 528,000 MT switched from unknown destinations and new sales of 532,800 MT. The other top sales were for Mexico (155,900 MT), Spain (144,700 MT), Taiwan (83,400 MT), Indonesia (77,700 MT), and Egypt (74,900 MT). These and other sales were partially offset by reductions for unknown of (436,600 MT)...
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.