While Russian Agriculture Minister Alexander Tkachev denied that his country's newly announced ban on U.S. corn and soybean imports was in any way politically motivated, it does coincide with the beginning of new crop soybean shipments from South America. Russia’s Ban on U.S. Corn and Soybean Imports After the announcement yesterday by Russia’s Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) that it would implement a ban on all U.S. corn and soybean imports as of 15 February, Russian Agriculture Minister Alexander Tkachev denied that this was in any way politically motivated. Supposedly, it was prompted by inspectors finding maize dry rot in corn and weed seeds in soybeans shipped from the U.S. The b...
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: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...