Now that we have entered MY 2014/15, it is worthwhile to once again realize just how dominant China is as the main driver of global demand for soybeans and soy products. Data from USDA indicates that that country will account for 91.2 percent of global growth in soybean imports between 2010/11 and 2014/15. China's Continued Dominance of Soybean Trade Now that we have entered MY 2014/15, it is worthwhile to once again realize just how dominant China is as the main driver of global demand for soybeans and soy products. No other country even comes close to being as important in that regard.USDA is forecasting China will import 74 MMT of soybeans in 2014/15. That would be a 5 MMT increase over USDA's estimate for imports in 2013/14 and well b...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.