As the estimated soymeal inventories for China's major crushers showed a notable gain last week, the uptick in soybean shipment arrivals and higher utilization rates at processing plants suggest that this upward trend will continue. Oilseeds Soymeal Inventories Continue Upward Trend Last week's estimated soymeal inventories for China's major crushers reached 1.39 MMT, a gain of 7.69 percent over the previous week. This marks three consecutive weeks of increases since early June. However, total inventories are 37.37 percent lower compared with the same week in 2014. Among the surveyed regions, last week's estimated inventories in northeastern China and Guangxi Province rose 34.44 percent to 95,900 MT and 39.72 percent to 207,000 MT, respe...
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.
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...