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soy-oilseeds

Oilseed Highlights: U.S. Soy Exports; Argentina Dryness; Indian Soymeal

A Good Week for U.S. Soy Exporters Today’s USDA/FAS export sales report indicated exporters of U.S. soybeans, soymeal, and soyoil had great success in the week ending 7 January. Sales of soybeans were high for this point in the marketing year and export sales of soymeal were a marketing year high. Soyoil exports were up sharply as well. Net soybean export sales for shipment in 2020/21 totaled 908,000 MT, an increase of 93 percent from the past four-week average. The top sales were for China (758,300 MT), Spain (143,000 MT), Mexico (98,100 MT), the Netherlands (85,500 MT), Pakistan (70,100 MT), and Germany (69,300 MT). Sales for shipment in 2021/22 totaled 326,000 MT with 260,000 MT for unknown destinations and 66,000 MT for China. S...

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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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