Environmental and wildlife groups have long been critical of palm oil as the cause of the widespread destruction of forests in Indonesia and Malaysia. While they seem to have been successful in slowing the decimation there, this problem appears to be far greater elsewhere. Old Crop Soy Sales Decline amidst Very Large New Crop Sales Today's USDA weekly export sales report showed sales of soybeans and soymeal both declined last week as new transactions were more than offset by cancellations or reductions in sales to unknown destinations. Along with separate daily reports, however, it also noted large sales of soybeans and soymeal for shipment in 2015/16. On balance, all of these reports were very positive for the soy sector.Net soybean expo...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
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.