China's Ministry of Agriculture unveiled the country's 2015-2024 outlook last week with projections and analysis on supply, demand, exports and imports for 18 major crops. Two of the more notable forecasts involve soybean and wheat imports. Oilseeds Soymeal Inventories Fall below 1 MMT The estimated soymeal inventories for China's major crushers totaled 850,000 MT last week, which represented declines of 14.83 percent over the week prior and 62.98 percent against the same period last year. Among the surveyed areas, there were increases of 7.87 percent to 93,000 MT in northeast China and 5.52 percent to 42,000 in north China compared with the previous week. In contrast, the largest drop was 30.98 percent to 79,600 MT in Fujian. With the s...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
Let’s return briefly to the fake meat hype cycle, now sitting somewhere in a dusty corner of your mind, not entirely forgotten. What happened to all those products, known as plant-based alternative proteins? They were supposed to be as good as real meat—cheaper, more environmentally...
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.