With its oil meals priced high, India has seen the level of exports impacted significantly, and the poultry sector there could benefit by importing supplies from Argentina and/or Brazil if GOI were to remove the oil meal import tariff. India's Oil Meal Exports in Decline India's oil meal exports for MY 2014/15 (April-March) totaled 2.443 MMT against 4.381 MMT last year, a 44 percent decline. They were valued at $684.48 million this year compared with $1.841 billion in MY 2013/14, a drop of 62.82 percent.At the start of year (April 2014), the FOB price for soymeal was $606/MT and peaked in the following month at $707/MT. Even though it dropped to $448/MT in March 2015, exports are still not feasible as the Indian price remains higher than...
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.