A Big Week for U.S. Soybean Export Sales This has been a very big week for U.S. soybean export sales. Yesterday, USDA announced that U.S. exporters had reported selling 2.112 MMT of soybeans. This included sales of 1.93 MMT to China and 182,000 MT to unknown destinations. Today's weekly export sales report indicated that U.S. exporters sold 923,000 MT of soybeans last week. In addition, USDA today also announced exporters had reported selling 120,000 MT of soybeans to unknown destinations. The combined sales total 3.155 MMT, or 8.5 percent of USDA's forecast for total U.S. soybean exports in the entire MY 2013/14. These sales bring total announced soybean export sales for 2013/14 to 25.112 MMT, barely a half-month into the market...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.