China’s recent currency depreciation has raised the cost of imported soybeans and is one factor that has slowed domestic utilization rates. A second factor is that demand from downstream markets remains weak. Oilseeds Soymeal Inventories Move Higher Last week, China’s soybean meal inventories were estimated at 1.4 MMT, a 10 percent increase of 129,300 MT from the previous week. Compared with the same period in 2014, last week’s estimated soybean meal inventories are 53,000 MT lower (-3.98 percent). Among the surveyed regions, soybean meal inventories fell 9.66 percent in Northern China to 154,300 MT and 17.73 percent in Guangxi to 157,700 MT. Partially offsetting were increases in soybean meal inventories by 35.46 percent in Northeast Ch...
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...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.