After an extremely slow start to 2016 and a modest recovery in the spring, U.S. food and agricultural exports to China have recovered nicely as a result of two factors. Meanwhile, U.S. wheat exports to that country initially look disappointing for September, but the total for the first nine months of 2016 tells a different story. Oilseeds Soymeal Inventories Reverse Course China’s soymeal inventories had reversed a six-week skid starting 21 October and climbed to 630,000 MT before falling again in the second week of November to 588,600 MT (-6.6 percent). At the end of last week, the nationwide total stood at 590,000 MT, a slight increase of 1,400 MT (+0.24 percent) from the previous week but 650,000 MT lower (-52.24 percent) than a year...
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.