U.S. DDGS export shipments to China in March fell to their lowest level since December 2014. However, the steady drop since last July suggests that the dramatic decline has more to do with quality issues than the more recent fluctuating regulatory policies of Chinese government authorities. Oilseeds Soymeal Inventories Fall Sharply Since the week ending 22 April, China’s estimated soymeal inventories have declined by 290,000 MT (-31.5 percent) to 630,000 MT and were 75,000 MT lower last week than the same week in 2015. Furthermore, they fell across all surveyed regions last week. In northeast and north China, estimated soymeal inventories dropped to 70,800 MT (-13.67 percent) and 83,100 MT (-11.17 percent) last week, respectively. Meanwh...
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.
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...
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...