Recent reports have documented a decline in China's corn plantings, and new soybean plantings there are also decreasing as is farmers’ willingness to expand production, largely because of certan government actions. Oilseeds Soymeal Inventories Fall Further On Lower Prices, Higher Demand With the soymeal cash price dropping 50-100 RMB/MT ($7.49-14.97/MT) this past week and China’s traditional Mid-Autumn Festival occurring in mid-September, feed mills became motivated buyers. Consequently, the estimated nationwide soymeal inventory fell for the third consecutive week. Through 26 August, the total stood at 740,000 MT, down 58,000 MT (-7.38 percent) from the previous week and 656,000 MT lower (-47.01 percent) than the same week in 2015...
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...