China’s Soybean Imports Data released today by China’s General Administration of Customs indicates the country’s U.S. soybean imports totaled 4.662 MMT last month, down 17 percent from 5.62 MMT in November 2016. However, the total for January-November was 26,666,126 MT, 2.33 percent more than during the same 11 months last year. Brazil has been the greatest beneficiary of China’s rising soybean imports this year with a total 48,986,831 MT shipped there during January-November, up 29.3 percent versus the same period in 2016. China imported 2,760,485 MT last month, 281 percent more than in November 2016. That was the largest increase of Brazilian soybeans in November, which was the main cause of the sharp decline in...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.