Last week was fully of crazy news for the livestock and meat sector with much of it involving snowflakes, both real and of the college variety. Blizzard Snowflakes A late spring blizzard hit the Great Plains last week. The National Weather Service in Dodge City, Kansas reported the deepest accumulations reached 16-18 inches. The weight of the snow did cause severe damage to the hard winter wheat crop, but it is also having an impact on the cattle markets. The nearby Live Cattle futures contract is at an 18-month high this week. Much of the area battered by the blizzard was also subject to wildfires about a month ago, which damaged pasture areas. The snowstorm caused the loss of cattle, both on pasture and in feedlots. There are no officia...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than previously thought. Energy Secretary Chris Wright, speaking by video to an international energy conference in Riyadh, Saudi Arabia, said that oil moving through the strait was back to 80 to 90 percent...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
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.