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soy-oilseeds

Oilseed Highlights: U.S. Soy Export Sales; Prospective Plantings Report; China’s Soy Stocks

U.S. Soy Exports and Sales Continue to Decline Today’s USDA export sales report showed U.S. soy export sales and exports continued their seasonal decline as South America ramps ups its harvest and exports. However, new soybean sales to China were a bit of a surprise. The weekly report indicated exporters in the week ending 25 March sold 105,800 MT of soybeans for export in MY 2020/21 and 131,000 MT for shipment in 2021/22. The sales for shipment in 2020/21 were mostly for China (124,000 MT), Egypt (49,300 MT), Japan (44,100 MT), Belgium (17,700 MT), and Colombia (19,700 MT). Those sales and others were partially offset by reductions in sales to unknown destinations of 216,500 MT. The sales for shipment in 2021/22 were for Pakistan (...

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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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