Cockleburs a Problem for U.S. Soybean Shipments to Pakistan While in Karachi this past weekend to speak at the third Pakistan Edible Oils Conference, it was apparent that Pakistan is experiencing rapid growth in demand for vegetable oils and soymeal. This has resulted in the construction of new soybean processing plants and major increases in soybean imports to produce a supply to meet that demand. USDA has forecast Pakistan’s 2017/18 soybean imports at 2 MMT, up from only 11,000 MT in 2013/14 and 1.69 MMT in 2016/17. A problem has arisen, however, for U.S. soybean exports to that country. The import inspection service there has determined that the presence of cockleburs in those shipments pose a weed threat to Pakistan. However, th...
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...