This year Monsanto expects up to 35 million acres of Intacta soybeans to be planted in Brazil and the area to increase to 75 million acres by 2019. That’s good news for the company and Brazilian farmers but not for companies like DuPont, which have been selling large volumes of insecticides to those farmers. USDA Raises U.S. Soy Exports, Cuts Stocks USDA did not make many changes to its U.S. and global soybean supply/demand forecasts. However, one revision that is significant to the U.S. sector was a 15-million-bushel boost in its forecast for 2015/16 U.S. soybean exports to 1.705 million bushels (46.4 MMT). As a result of that, USDA reduced its estimate for U.S. soybean ending stocks on 31 August 2016 by a like amount to 445 million bush...
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.