Although soymeal imports for Australia and New Zealand have rapidly increased since 2000/01, the interesting change has occurred in both countries' preferred source of stocks. Rising Soymeal Imports for Australia and New Zealand Do Not Include U.S. Origin I am traveling in Australia and Thailand this week to participate in conferences organized for the U.S. Soybean Export Council and U.S. Grains Council. This is an opportunity to speak with people in the animal production sectors of these two growing market regions and should be very instructive.The soymeal market in Australia and New Zealand is quite interesting as the former grows very few soybeans and the latter almost none. Consequently, the two countries must rely on soymeal imports...
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.