A Russian Grain Union official has indicated that the country's grain exports in September may reach 4.7 MMT, a record amount for that month, with the MY 2015/16 total expected to be 35 MMT. Russian Grain Markets Harvest Update Over 83.6 MMT of grain were harvested from 33.6 million hectares as of 14 September 2015 (71.6 percent of the target) compared with 85.1 MMT from 32 million hectares as of the same date a year ago. This specifically included 55.7 MMT of winter and spring wheat from 20.6 million hectares (76.6 percent of the target) and 16.1 MMT of winter and spring barley from 7 million hectares (78.3 percent of the target). Also produced were 1.9 MMT of corn from 380,400 hectares, 615,300 MT of rapeseed from 392,900 hectares (37...
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.