The U.S. contributed to the world production records in 2016/17 by harvesting its own record corn and soybean crops. Also impressive has been the continued pace of those U.S. exports, sustained in large part by one paticular development.Recent fundamental grain and soy market analysis has tended to focus more on the supply side of the balance sheet than on demand. This is somewhat understandable since the increases for U.S. and world production of grain and soybeans during the last four years have been so impressive, culminating during 2016/17 in historic fashion. The world’s production of corn, wheat and soybeans set a new record for all three in the same year, something that never happened before. The end result of is that ending world st...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.