Bangladesh is importing increasingly higher volumes of soybeans, and it has added a substantial amount of new processing capacity in recent years after realizing it could no longer depend on one particular country to meet its soymeal needs. Bayer and Sumitomo to Collaborate on Fungicide Development for Brazil Germany’s Bayer and Japan’s Sumitomo Chemical Company have entered into an agreement to collaborate on developing new fungicides for the Brazilian soybean sector. Under the terms, they will utilize each other’s existing fungicide products in combination to control pathogens like Asian soybean rust, which costs Brazil’s soy farmers billions of dollars each year in lost yields and fungicide application costs. In many years, they must s...
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.