One would think that with South America harvesting a record volume of soybeans in 2014, U.S. soybean export sales might lag a bit going into MY 2014/15. However, that definitely has not been the case. Huge New Crop Soybean and Soymeal Sales Rapidly Growing One would think that with South America harvesting a record volume of soybeans in 2014, U.S. soybean export sales might lag a bit going into MY 2014/15. However, that definitely has not been the case. Instead, U.S. export sales of soybeans and soymeal for shipment in the next marketing year are booming. By my count, U.S. exporters have now reported to USDA export sales of 15.34 MMT of soybeans and 3.767 MMT of soymeal for shipment in 2014/15. There may have been some other sales I have...
Key Takeaways: Milk alone has not covered the full economic cost in any year since 2021: milk revenue fell short by $4.50, $2.15, $6.50, $1.27 and $2.34 per hundredweight in 2021 through 2025. Calf and cattle prices decided whether dairies cleared cost: cattle and other income lifted total rev...
Key Takeaways: Dry bulk markets are mixed with Capesize rates seeing solid gains while Panamax values slipped on a growing tonnage list. Supramax and Handysize vessels were stronger, though all sectors remain vulnerable to the seasonal dip in rates through Q4 and into Q1. Falling water l...
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...
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.