Soybeans The market was slow last week with the Brazilian market almost out of old crop supplies. There are only a few cargoes offered at very high prices, and the volume is obviously very small compared to what Chinese crushers need for spot shipment. Chinese stocks have been dropping as Brazilian exports have slowed and the Chinese crush rate remains steady. China still needs to cover 3-4 MMT of soybeans until the Brazilian harvest hits in February. Notably, most of the elevation capacity in February is already committed to both China and non-China destinations. Consequently, the market will remain tight in February, with buyers trying to rebuild stocks in many destinations. Today, there was news confirming that China...
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.