World Perspectives
soy-oilseeds

Oilseed Highlights: U.S. Soy Exports; Parana River; India Soy; LA Renewable Diesel

U.S. Old-Crop Soybean Export Sales Declined Last Week Today’s USDA export sales report indicated old-crop soybean export sales declined last week, but sales for the next marketing year increased. Sales of soymeal and soyoil also were poor. Net U.S. soybean export sales for shipment in 2020/21 fell by 79,300 MT in the week ending 22 July. The top sales were for Taiwan (12,800 MT), Mexico (6,100 MT), Vietnam (5,800 MT), South Korea (4,800 MT), and Bangladesh (4,800 MT). However, those sales and others were more than offset by reductions for Japan (74,800 MT) and unknown destinations (51,500 MT). Sales of soybeans for export in 2021/22 totaled 312,800 MT. The top sales were for Mexico (160,500 MT), China (121,000 MT), Pakistan (66,000...

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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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