Global trade is down across the board, but it is not a harbinger of doom and gloom nor an indication that an inevitable recession will befall the world economy.The latest update of U.S. agricultural exports shows that the export value for major bulk ag commodities during October 2015-January 2016 is down by more than twice as much as the decline in volume. Bulk commodity export sales totaled $17.325 billion in that period, down 23 percent from $22.616 billion during October 2014-January 2015. Meanwhile, export volumes have decreased 11 percent to 52.538 MMT in the most recent October-January period from 58.783 MMT a year ago at the same time. Indeed, total U.S. goods and services exports fell overall to their lowest January level since 2011...
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: 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...