There are indications that at least five more cargoes of Brazilian soybeans are ether on their way to the U.S. or soon will be. Additional shipments of Brazilian and/or Paraguayan soybeans already have arrived. China Sets Soybean Target Price at over $21/Bushel A statement on China's National Development and Reform Commission website yesterday announced the government has set the target price for soybeans produced in 2014 at 4,800 yuan/MT. That is equivalent to about $778/MT, or $21.18/bushel. The Chinese government uses the target price to calculate subsidy payments to producers in Heilongjiang, Jilin and Inner Mongolia provinces. If cash prices are below the target price, farmers are eligible to receive subsidies calculated by the gap b...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.