If Henan Province serves as an indicator for China, there should be significant changes in planted corn acreage this year and next as well as in the planted areas for other food-related commodities. Oilseeds Soymeal Inventories Fall As of 24 June, China’s estimated soymeal inventories totaled 580,000 MT overall, a drop of 120,000 MT or -17.1 percent from a week ago and 710,000 MT less than the same week a year ago. Despite our prognosis from last week that was based on market surveys as well as examination of port stocks and incoming shipments, inventories have continued to fall. The main driver of this was declining utilization rates rather than ongoing feed demand improvements. In addition, some shipments scheduled to arrive this month...
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.