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soy-oilseeds

Oilseed Highlights: Soy Export Sales; Indian Soymeal; Canadian Canola; Renewable Diesel

U.S. Soy Export Sales Highlights The week ending 19 August was a good one for exporters of U.S. soybeans for shipment in 2021/22, but not so much for exporters of soymeal and soyoil.  Net export sales of soybeans for shipment in 2020/21 totaled only 75,100 MT while sales for shipment in 2021/22 totaled 1,750,000 MT. The top sales for 2020/21 were for China (90,800 MT), the Netherlands (66,000 MT), Taiwan (21,100 MT), Indonesia (19,700 MT), and Vietnam (5,900 MT). Those sales and others were partially offset by reduction for unknown destinations of 131,000 MT. The top sales for shipment in 2021/22 were for China (934,500 MT), unknown destinations (587,900 MT), Mexico (148,600 MMT), Taiwan (26,500 MT), and Indonesia (15,400 MT). Soybea...

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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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