World Perspectives
feed-grains soy-oilseeds wheat

China In-Country Analysis

Substitution of Feed Wheat for Corn Continues to Surge on High Corn Prices Fueled by record corn prices and abundant wheat stocks totalling 50 MMT, substitution of feed wheat for corn has expanded dramatically this year, especially in Southern China where corn prices are highest. In Guangdong, feed wheat is currently priced 200 yuan/MT lower than corn. High quality imported feed wheat is reportedly priced 150 yuan/MT lower than corn in Southern China, which has pushed China's wheat imports in 2011/12 to 2.1 MMT (through March), the highest level since 2005. While total feed wheat consumption estimates are difficult to obtain, Bric Agricultural Consultants forecasts the total substitution of feed wheat for corn will be far above last year's...

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feed-grains soy-oilseeds wheat

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livestock

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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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