While India's consumers are benefiting from more vegoil imports at lower prices, its farmers and processors find those low prices are making oilseeds unprofitable. As a result, they want the government to take certain action. Brazil’s Agriculture Ministry Expects Soy Area to Increase in 2017/18 Today the executive secretary of Brazil’s Ministry of Agriculture predicted the country’s soybean planted area will expand 2-3 percent in the upcoming growing season, which would mean an additional 676,000-1.014 million hectares (1.67–2.5 million acres). He indicated most of the growth will be on newly cleared land in the states of Maranhao, Tocantins, Piaui, and Bahia. The ministry spokesman partially based his forecast on expectations of the Braz...
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.