Soybeans Brazil The market was more active last week as trading houses were able to originate and sell soybeans in short time. China is desperately trying to buy all that are available in Brazilian or Argentine markets. Despite publicly highlighting solutions to the possible protein shortages if the trade war persists until the coming campaign, China is nervous and trying to solve the problem with any possible alternative. China’s aggressive buying in South America is increasing the odds that countries in this region will import soybeans from the U.S. Market analysts have predicted for a while that Argentina will import 3 MMT of U.S. soybeans, and experts now anticipate Brazil could import around 1 MMT. This seems unlikely because...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.