Big Sales of Soybean Oil Several crushers last week liquidated their long positions on soyoil, which might seem strange considering farmers' grain retention. The liquidation was caused by several crushers (integrated with biodiesel production) holding onto soyoil stocks in case biodiesel demand were to arise. Specifically, there were rumors that Europe plans to buy biodiesel. Argentina's biodiesel industry suffered last year because of the EU's antidumping investigation in addition to the mandate required. Additionally, Spain stopped its purchases of Argentine biodiesel in retaliation against the Argentine government's move to nationalize YPF (formerly controlled by Spanish energy group Repsol).Ultimately, the EU did not purchase Argenti...
Key Takeaways: Brazil confirmed a Newcastle disease outbreak at a commercial turkey farm in Santa Catarina on 18 October, raising concerns about potential disruptions to poultry exports despite the outbreak being confined to a single facility thus far. Mexico and Malaysia have imposed nationwi...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
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.