[Note: The Russian grain and oilseed market information that regularly appears here was unavailable today. We hope to have an update in next week’s report.] Russia: Harvest Update According to the Russian Ministry of Agriculture, 136 MMT of grain were harvested from 45.4 million hectares (96.5 percent of the target) as of 6 November. (For reference, 120.5 MMT were produced from 45.2 million hectares a year ago.) This included 88 MMT of wheat from 27.4 million hectares, 21.7 MMT of barley from 7.7 million hectares and 9.1 MMT of corn from 1.9 million hectares. Also harvested were 8.3 MMT of sunflower from 5.4 million hectares, 1.6 MMT of rapeseed from 899,400 hectares and 3.4 MMT of soybeans from 2.3 million hectares. ...
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.