China's Small- to Medium-Sized Ethanol Plants Struggle to Survive China's small- to medium-sized ethanol plants have been struggling to survive because of declining ethanol and DDGS prices. The ethanol sector's operation rate has dropped to a record low over the past few years, decreasing to 40 percent in April (down 4 percent month to month). In one of Heilongjiang's major ethanol production areas, ethanol and DDGS prices are $920/MT and $302/MT, respectively. With the corn price at $336/MT, this creates a loss of $106/MT for ethanol plants. Meanwhile, feed demand is still weak because of the bird flu outbreak. A large amount of soybeans is expected to arrive in late May, and that will place more pressure on the soymeal price. Therefore...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.