Data released yesterday by China's General Administration of Customs indicates Chinese soybean processors have sharply increased their soymeal exports in the first four months of CY 2014 compared to a year earlier. U.S. Soy Export Sales Larger Than Expected Although the South American soybean industry is currently in full-blown export mode, the U.S. still managed to have soy export sales last week that were above market expectations. The market was already tight and just became even more so with last week's export sales.Net soybean export sales last week for shipment in 2013/14 totaled 164,400 MT. That was well above the range of analysts queried by Reuters. The sales were mainly to Mexico (65,100 MT), Indonesia (29,000 MT), Taiwan (22,90...
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.
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...