Soybean Crusher Operation Rate Rises in China Because China's soybean crushing margin improved in the first half of the month, the crusher operation rate has risen. Currently, imported soybeans cost around $714.29/ MT, while the soymeal price stands firm at $634.9/MT and grade 4 soyoil is at $1412.70/MT, which leaves crushers with a profit margin of $32.06/MT. Both soymeal and soyoil prices saw significant improvements compared to end of November.As the New Year and Chinese New Year are fast approaching, feed producers have begun purchasing soymeal in large quantities because meat consumption is expected to rise nationwide during the holidays. Demand for soyoil also will increase because of the upcoming holidays. The soy crusher operatio...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
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.