The Malaysian government today exempted all exports of crude palm oil from its 4.5 percent export tax for the months of September and October. Palm oil exports this year have been undermined by the increased availability of sunflower oil, mainly from Ukraine, and reduced demand in China. Lanworth Forecasts Brazil's 2015 Soybean Crop to Increase by Over 14 Percent Lanworth, the crop forecaster owned by Tomson Reuters, this week issued a forecast of 98 MMT for Brazil's 2015 soybean crop. That would be an increase of 14.3 percent over its 2014 crop estimate of 85.7 MMT. This is the largest forecast for Brazilian soybean production I have seen and one that I think is too high. With global soybean processing in decline as a result of the huge...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.