Only when examining the actual numbers can the magnitude of the increase in soybean, corn and wheat export sales from last year be realized. However, there is still one action remaining that is required to satisfy this expansion in export demand.Although it isn’t really a huge surprise, only when examining the actual numbers can the magnitude of the increase in soybean, corn and wheat export sales from last year be realized. Soybeans of course garner most of the attention these days. Sales of another 400,000 MT to China/unknown were announced this morning. That brings the total 2016/17 soybean sales to China to almost 11 MMT with another 10.1 MMT registered to unknown. Most of the latter will also be shipped to China. This all brings total...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
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.