It could be assumed that sustainability would not be much of an issue in the developing countries of Southeast Asia. However, there are European firms with operations in the region insisting that their local suppliers meet their guidelines regarding this matter. Large U.S. Soy Export Sales Today’s USDA exports sales report confirmed large sales of U.S. soy. It indicated 542,400 MT of soybeans were sold last week for export in 2015/16 and 1,128,200 MT for export in 2016/17. Sales were reported for China (335,500 MT), Germany (99,500 MT), the Netherlands (75,700 MT), Canada (72,700 MT) and Bangladesh (56,000 MT). Reductions were reported for unknown destinations (195,500 MT), Thailand (17,500 MT) and Japan (15,000 MT). The sales for 2016/17...
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.