Significant Amount of New Rapeseed Crop Left Unprocessed in China Recent statistics show that about 5.9 MMT of rapeseed in China are being purchased by grain and oil enterprises for the end of September, among which 4.6 MMT (nearly 78 percent) have been procured by state-owned companies. Based on practices in previous years, all rapeseed purchased is processed once bought. This year however, about 1.3-1.5 MMT of rapeseed that has been purchased by Sinograin, one of China's top state-owned grain companies has not yet been processed, due to the weak demand of rapeseed meal and minor price advantages of domestic rapeseed oil.In addition to the ending of the aquatic farming season in China, which already has resulted in slow demand for rapes...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.