China's announcement on 7 June that that it would suspend the issuance of import permits for U.S DDGS has resulted in rising prices for domestic DDGS as well as soymeal, rapeseed meal and other protein meal that can partially be used as substitution in feed formulas. Feed Millers Seek New Wheat to Replace Corn For Price Advantage More than 70 percent of China's winter wheat has been harvested as of the second week in June. There are feed millers seeking to increase the usage of new wheat as replacement for corn due to the price advantages. In late May, the new wheat price in central China was only $325-343/MT, but it rose to $392/MT during the following two weeks as the corn price there stood at $400/MT. According to some feed millers in...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.