World Perspectives
soy-oilseeds biofuel energy

Oilseed Highlights

Reports indicate Chinese soybean importers have defaulted on 10 or more cargoes of U.S. and Brazilian soybeans, fewer than in 2004 when buyers forfeited up to 30 cargoes and cost exporters close to $700 million. Chinese Importers Default on 10 or More Soybean Shipments Reports indicate Chinese soybean importers have defaulted on 10 or more cargoes of U.S. and Brazilian soybeans. Three of the companies are located in Shandong province. About half of these shipments are already at Chinese ports and unable to be unloaded, while five-six cargoes are en route to China. The total volume of soybeans involved is over 500,000 MT with more defaults likely in the future. The main reason that the companies are forfeiting soybean shipments is the curr...

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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.

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