If U.S. grain and soybean exports are of key importance to futures market action, it follows that world trade in these commodities is as well.We have often commented about the great amount of attention that futures market traders pay to U.S. export sales and export volumes, which can be attributed to the variability in the latter as well as the ability to track those numbers with considerable accuracy in a timely manner, thanks to the daily and weekly USDA/FAS export sales reports. Anyone interested can follow export commitments better and more easily than other categories of use. Sometimes it may appear that the level of attention exceeds the importance that exports actually play in basic supply/demand fundamentals. In terms of the price a...
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.