While current depressed soybean prices may cause many farmers to once again store a sizable share of their soybeans after harvest in hope of better prices next year, the situation is now far different than in the past few years when it was a beneficial strategy. Top Markets for Chinese Soymeal A report released yesterday by China's General Administration of Customs indicated the country's soymeal exports totaled 1,155,703 MT during the first eight months of CY 2015, a 35.8 percent decline compared with the same period a year ago. They totaled 138,997 MT last month, a 18.4 percent drop against August 2014. The soymeal exported to Japan and South Korea was mainly for animal feed and shipped in small quantities.It is interesting to not...
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.