The current marketing year is on track for the combined U.S. exports of soybeans, soymeal and soyoil to set a record. There is also an expectation that this year's U.S. soybean plantings will be over 80 million acres, which would mean a very high probability that U.S. farmers will produce a record soybean crop in 2014. China Sells 312,905 MT of Reserve Stock Soybeans The Chinese government today sold 312,905 MT of the 430,180 MT reserve stock soybeans it offered for sale. The volume included 179,849 MT sold in Inner Mongolia and 133,056 MT in Heilongjiang province. The average prices for the soybeans sold in Inner Mongolia were 4,123 yuan/MT for the 2010 crop and 4,023 yuan/MT for 2011 crop with only the latter sold in Heilongjiang provin...
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...