U.S. Soy Export Sales Highlights – China Buying A Lot of U.S. Soybeans Today’s USDA export sales report indicated U.S. exporters had fairly good success selling U.S. soybeans and soymeal for export in the week ending 9 July. However, the big news this week was a resumption of large sales of soybeans to China that have been reported by exporters since 9 July. Today’s export sales report indicated exporters reported net sales of soybeans last week of 313,000 MT for export in 2019/20 and 767,700 MT for export in 2020/21. The sales for 2019/20 mostly were to Indonesia (95,500 MT), Egypt (75,000 MT), Pakistan (58,300 MT), Mexico (55,7020 MT), Tunisia (37,100 MT) and unknown destinations (19,500 MT). Sales of soybeans for expo...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...