Soymeal Prices Up, but DDGS Not Available as Alternative The Soybean Oil Processors Association (SOPA) has again trimmed its estimate for India’s 2017/18 soybean production (harvest in October-November 2017), reducing the previous forecast of 9.15 MMT to 8.35 MMT. The government of India (GOI) pegged production at 12.217 MMT in its first advanced estimate of 22 September 2017. Based on available data, SOPA’s estimate seems accurate. This would mean production is 23.39 percent lower than its estimate of 10.9 MMT in 2016/17, which GOI had projected would reach 13.794 MMT that year. Prices peaked in the last week at Rs.39,390/MT ($606/MT) and dropped as arrivals started again. They are currently close to Rs.38,000/MT ($584/MT). S...
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: U.S. and Chinese officials are expected to discuss agriculture and non-tariff trade barriers ahead of Chinese President Xi Jinping’s visit to Washington later this month, potentially opening the door to additional U.S. agricultural purchases or improved marke...
Key Takeaways: Drought and changes to the multi-year trend in cow slaughter and retention have the potential to dramatically alter beef trim supplies and pricing, and WPI specifically models three different drought scenarios for fall 2026. Based on our models, WPI expects 90 percent lean...
Brazil’s broiler exports are up 29.9 percent by volume in July and up 43.3 percent in value, and for the January through July period, exports rose 15.2 percent by volume and 19.3 percent in value. China was the top customer in July with 75,000 MT after being closed in July 2025 due to HPA...