China's 2014 sorghum imports increased more than fivefold to 5.78 MMT from 1.08 MMT in 2013, according to China Customs. Demand was driven in part by the impact of import restrictions on U.S. corn, particularly DDGS, because of unapproved GMO traits. Oilseeds Pessimism Reigns in China's Soymeal Market The ongoing delays in soybean arrivals during December and through January continue to put hard downward pressure on soymeal prices in China. The average meal price declined last week by 30-60 RMB/MT and is now headed toward 3,000 RMB/MT. Some local traders have told us they expect a further decrease to around 2,900 RMB/MT in some regions of the country. The following chart presents the weekly trend by region:Apart from the substantial impo...
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.