Huge Soybean Export Inspections Last Week The U.S. soybean harvest may have been a bit later than normal this year, but U.S. exports are clearly catching up quickly to the pace of last year. Yesterday's USDA export inspections report indicated a total of 59.325 million bushels (1.616 MMT) of soybeans were inspected for export last week. Of that amount, 82.6 percent were shipments destined for China and 64,942 MT were containerized shipments. The shipments to China were to be exported from all coastal ranges including the Atlantic, Louisiana Gulf, Texas Gulf and PNW. India's Soybean Production Forecasted to Be Less Than Last Year India's oilseed processing sector has been predicting for some time that this year's Indian soybean produc...
The industry has spent two years bracing for GLP-1 medications to hollow out demand, but the data so far tells a more interesting story. Roughly one in eight adults currently uses a GLP-1, and an additional 29 percent of non-users say they would consider it if it became more accessible and cost...
Wow – what a week for freight markets. Things are changing incredibly rapidly as escalations in the U.S.-Iran war and the Ukraine-Russia conflict reshape global shipping risks and approaches beyond simple rate and insurance cost adjustments. Too, the Panama Canal has shifted its stance on...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
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.