The slowdown in China's economy is clearly having a significant impact on 2015/16 global soybean demand as growth in its soybean imports is expected to be much smaller than last year. Larger U.S. Canola and Sunseed Crops in 2015 While the focus in the oilseed component of last week’s USDA reports was understandably on soybeans, the crop production report showed that the U.S. sharply boosted its production of canola and sunseeds in 2015. It indicated U.S. farmers will produce 3.092 billion pounds (1,402,477 MT) of canola, a 23.1 percent increase over the total 2.511 billion pounds (1,138,980 MT) in 2014. This gain was the result of an 11 percent increase in both harvested area and average yield. This year’s average yield was 1,791 pounds p...
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.