World Perspectives
feed-grains soy-oilseeds livestock

China In-Country Analysis

Livestock Meat Imports Surge in May as Domestic Shortfall Increases Monthly data from China’s Customs Bureau shows that total meat and offal imports hit a record high of 556,276 MT in May, up 45 percent from 383,639 MT in May 2018.This was driven by the ongoing impact of African swine fever (ASF) combined with surging poultry prices. Pork imports reached 187,459 MT (+63 percent), while imports of lamb, beef, and frozen chicken totaled 42,036 MT (+53 percent), 123,720 MT (+41 percent), and 63,430 MT (+26 percent), respectively. A report from Rabobank indicated that continual surges in imported meat will put China’s still-limited cold chain logistics and storage capacity under stress. Through the first five months of 2019, its m...

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feed-grains soy-oilseeds wheat

Market Commentary: Stable Policy, Conditional Demand, Weather Emerging as the Next Risk

Key Market Developments While tariffs were not addressed directly in the State of the Union, trade policy remains steady. Reports during today’s session confirmed that U.S. tariffs on China will remain in the 35 percent–50 percent range, signaling limited escalation ahead of upcomin...

Policy Roundup

Fuzzy Math Among President Trump’s various assertions in last night’s State of the Union address was that tariffs would someday replace the income tax, but that is a mathematical impossibility. The value of imported goods is around $3 trillion, and the income tax generates nearly $5...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.42/bushel, up $0.035 from yesterday's close.  May 26 Wheat closed at $5.6975/bushel, down $0.035 from yesterday's close.  May 26 Soybeans closed at $11.65/bushel, up $0.0975 from yesterday's close.  May 26 Soymeal closed at $321.8/short ton, up $7.4 from...

feed-grains soy-oilseeds wheat

Market Commentary: Stable Policy, Conditional Demand, Weather Emerging as the Next Risk

Key Market Developments While tariffs were not addressed directly in the State of the Union, trade policy remains steady. Reports during today’s session confirmed that U.S. tariffs on China will remain in the 35 percent–50 percent range, signaling limited escalation ahead of upcomin...

Policy Roundup

Fuzzy Math Among President Trump’s various assertions in last night’s State of the Union address was that tariffs would someday replace the income tax, but that is a mathematical impossibility. The value of imported goods is around $3 trillion, and the income tax generates nearly $5...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.42/bushel, up $0.035 from yesterday's close.  May 26 Wheat closed at $5.6975/bushel, down $0.035 from yesterday's close.  May 26 Soybeans closed at $11.65/bushel, up $0.0975 from yesterday's close.  May 26 Soymeal closed at $321.8/short ton, up $7.4 from...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  On 20 February, Germany confirmed its first case of Newcastle disease in 18 years, after a commercial turkey flock in Neißemünde was found to be infected. Separately, Poland had two new flocks confirmed as being infected with the disease, as the country continues...

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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.

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