According to USDA: U.S. soybean supply and use changes for 2018/19 include higher crush and lower ending stocks compared with last month’s report. With exports unchanged, soybean stocks are projected at 900 million bushels, down 10 million from last month. The season-average soybean price range forecast of $8.10 to $9.10 per bushel is unchanged. The 2018/19 global oilseed outlook includes lower production, crush, and increased stocks compared to last month. Soybean production is reduced 0.9 million tons to 360.1 million on lower production for Brazil and Paraguay. Production for Brazil is down 0.5 million tons to 116.5 million, reflecting dry weather conditions and lower yields for Minas Gerais, Ma...
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.