Oil Meal Exports Continue Upward Trend India’s oil meal exports totaled 1.403 MMT for the first six months of FY 2018/19 (April-March), up 0.119 MMT or 9 percent from 1.284 MMT a year ago. Rapeseed meal exports had the biggest gain at 0.601 MMT versus 0.3 MMT during April-September 2017. In contrast, soymeal exports were down at 0.392 MMT against 0.489 MMT during the same period a year ago. September 2018 was a slow month overall with only 81,511 MT of oil meals exported, down about 73 percent from 0.298 MMT in the same month of 2017, and soymeal accounted for 20,987 MT of those shipments against 102,212 MT a year ago. Oil meal exports to Southeast Asia (SEA) and Europe were up during April-September. For comparison with the same pe...
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: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...