U.S. Soy Export Sales Update After weeks of substantial sales, USDA’s weekly export sales report indicated there was a sharp drop for the week ending 14 March. Net soybean export sales totaled only 399,500 MT, a 79 percent decline from the previous week. The largest sales were to Germany (155,900 MT), China (142,600 MT), Egypt (88,700 MT), Japan (70,200 MT) and the Netherlands (63,300 MT). However, they were partially offset by reduction in sales to unknown destinations of 237,500 MT and Mexico of 31,400 MT. Outstanding sales for shipment in 2019/20 were reduced by 64,400 MT as a result of a cancelled 69,500 MT sale to China. Soybean exports totaled 1,015,100 MT, mainly to China (268,600 MT), Egypt (173,700 MT), Germany (155,900 MT)...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.