World Perspectives
soy-oilseeds

Oilseed Highlights: China and U.S. Soybean Imports; WASDE and the Soy Sector

China Apparently Deciding How Many U.S. Soybean to Import At their meeting in Buenos Aires, President Trump was able to get a commitment from President Xi to import a substantial volume of U.S. soybeans and other commodities during the 90-day truce in the trade war. Hong Kong’s South China Morning Post reported today that a proposal before the Chinese State Council would have China import either 5 MMT or 8 MMT of U.S. soybeans for the country’s reserve stocks. The importer would most likely be Sinograin, which would either not have to pay the 25 percent duty or be reimbursed for those payments. There is also consideration of allowing private firms to import an additional 2 MMT as well as receive reimbursement of the duty. This...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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