Several factors in conjunction with the late movement by China's feed mills to stock up for the holiday season suggest that the soymeal price will be changing direction in the next two weeks or so. Oilseeds January Soybean Imports Hit Forecast Targets The latest China Customs data shows the country imported 6.88 MMT of soybeans last month, an increase of 960,000 MT or 16.3 percent compared with the same period last year. Projections for January had a range of 6.8-7 MMT. Still, the volume represents a sharp decrease of 19.4 percent or 1.65 MMT compared with December 2014. The average soybean import price now stands at 2,969 RMB/MT (approximately $479/MT), a decrease of 14.5 percent compared with the same time frame in the first quarter of...
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.
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...