Today's weekly USDA export sales report once again indicated there was a net decline in U.S. soymeal export sales last week of 22,300 MT. Meanwhile, last week's U.S. soymeal exports totaled 417,300 MT, the greatest weekly volume since 1998 and the third-highest ever. Negative Soymeal Export Sales Again Today's weekly USDA export sales report once again indicated there was a net decline in U.S. soymeal export sales last week of 22,300 MT. The main sales were to Ecuador (58,100 MT including 55,000 MT switched from unknown destinations), Thailand (50,400 MT), Panama (34,000 MT), Venezuela (24,500 MT), Cuba (22,500 MT) and Colombia (22,400 MT). The new sales were more than offset by decreases for unknown destinations (185,800 MT),...
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.