Sizable Old-Crop Soybean and Soymeal Export Sales This week's USDA export sales report showed sizable sales of soybeans and soymeal for shipment in 2012/13. Net old-crop soybean sales totaled 128,300 MT. The main buyers were unknown (34,900 MT), Indonesia, (31,500 MT), Japan (29,800 MT), Taiwan (25,500 MT) and Vietnam (5,500 MT). Sales were partially offset by a 1,300 MT decrease for Mexico. Exports totaled 82,000 MT with the main destinations being Mexico (34,100 MT), Indonesia (26,100 MT), Japan (6,800 MT), Vietnam (6,600 MT) and Canada (4,400 MT). Sales of soybeans for the 2013/14 shipment totaled 665,200 MT with China (426,000 MT) and unknown destinations (165,000 MT) the main buyers.Net export sales of soymeal last week for shipme...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.