Following China's annual Victory Day celebration on 3 September, downstream demand from the feed sector increased. That caused the country's estimated soymeal inventories to fall last week, a trend expected to continue for several other reasons as well. Oilseeds Soymeal Inventories Fall on Improving Feed Demand Following the annual Victory Day celebration on 3 September, downstream demand from the feed sector increased. As a result, China's estimated soymeal inventories fell last week to 1.21 MMT from the previous week's 1.49 MMT, a drop of 280,800 MT and just 15,200 MT lower than the corresponding week in 2014. Among the surveyed regions, those inventories in northern China and Guangxi Province declined 22.52 percent last week to 140,30...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Inflation is back in the driver’s seat, and agriculture is getting pulled in two directions. A stronger dollar is pressuring grains despite fresh Chinese buying, while renewed Middle East attacks lift crude oil. Higher energy prices can support commodities, but they also raise expenses an...
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.