Oilseeds Soymeal Inventory Climbs Again as Crushing Activity Picks Up Through the last full week of November, crushing activity began to recover as environmental inspections concerning air pollution have been reduced. As evidence, China’s estimated national weekly crush volume surpassed 1.9 MMT in the past few weeks. Meanwhile, the ongoing delays in clearing new shipments of imported soybeans from the U.S., stemming from a slowdown in the issuance of GMO certificates, have also begun to recede. On the demand front, however, live pig prices showed only a modest recovery in late November, rising to RMB 14.48/kg ($2.20/kg) or RMB 6.57/lb. ($1.00/lb.) from RMB 14.42/kg ($2.19/kg) or RMB 6.54/lb. ($0.99/lb.) at the start of the month. Co...
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: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...