Looking back at the data from the beginning of July, China's soymeal inventories have varied region-by-region and week-by-week due to fluctuations in feed demand, crushing rates and shipment arrivals. This is a pattern that is likely to continue until mid-September. Oilseeds Soymeal Inventories Drop As Feed Demand Rises Through last week, lower utilization rates and rising demand from the animal feed market resulted in a drop of 99,400 MT or 6.78 percent in China's estimated soymeal inventories. At 1.37 MMT, the current estimated total remains 27.98 percent lower than a year ago at this same point. Among the surveyed regions, soymeal inventories rose slightly to 185,202 MT (+2.89 percent) in Shandong Province and jumped to 130,000 MT (+5...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
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.