Soymeal Inventory Rises for First Time in Five Weeks: Clearance delays involving new shipments of imported soybeans due to a backlog in the issuance of GMO certificates helped push inventories up last week for the first time since the last week of September. In addition, downstream demand slowed somewhat as the livestock sector has been experiencing a slight lull here in early winter. China’s total estimated soymeal inventory stood at 637,700 MT as of 17 November 2017, 84,600 MT (+15.3 percent) higher than the previous week and up 181,400 MT (+39.8 percent) versus the same week a year ago. Across China, all reporting regions showed week-on-week gains with the largest relative increase, 8,500 MT (+114.9 percent) to 15,900 MT, occurrin...
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.