Oilseeds Soymeal Inventory Up Slightly as Downstream Demand Falters While China’s central government lifted quarantine restrictions toward the end of January in 83 of 104 counties affected by African swine fever (ASF), the market has reacted pessimistically as the post-holiday cheer has dissipated. Rumors abound that ASF outbreaks have been underreported and continue to appear. Producing regions such as the northern section of Henan Province have been reluctant to rebuild their herds. Not surprisingly, soymeal demand has fallen sharply in the past week. As a result, the nationwide inventory reversed course and climbed to 644,700 MT as of 22 February, an increase of 79,100 MT (+14 percent) from the previous week. However, it was down...
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.