After a much-improved soybean crop in 2016, India has returned to being a significant soymeal exporter. USDA is forecasting it will export 1.8 MMT in 2016/17, up from only 410,000 MMT in 2015/16. What has changed is the top destination. AgriProtein and Christof Industries Expanding Insect Meal and Oil Production South Africa’s AgriProtein Technology and Austria’s Christof Industries yesterday announced a $10 million partnership to produce insect protein and oil from recycled organic waste. AgriProtein plans to build 25 facilities a year globally to rear black soldier fly larvae on organic waste that would otherwise go to landfills. The larvae will then be processed to make high protein feed ingredients that will serve as substitutes for f...
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.
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...