The record U.S. crop is stifling demand for Brazilian beans and negligible quality differences between Argentinian soybeans and those from the U.S. PNW are keeping the market competitive. Trade in Argentine wheat has been active with a substantial volume of business getting done this week. Soybeans Demand from China remains concentrated in the sport market with no deferred shipment demand so far. Moreover, the market in general has been very slow compared to last year, predominantly due to record high U.S. shipments in October. China has taken a very high volume of beans so far this year and around 9.6 MMT of soybeans were shipped from all over the world to China during October. The primary origin, however, was the U.S. which shipped arou...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
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.