A combination of declining global prices for soybeans and soymeal together with China's corn price supports has resulted in soymeal and corn now trading in that country at about the same price per ton. China's Soymeal and Corn Prices Now Equal A combination of declining global prices for soybeans and soymeal together with China's corn price supports has resulted in soymeal and corn now trading in that country at about the same price per ton. This week the soymeal price was around 2,530 yuan/MT ($415.16/MT). Because of its relative low price, more soymeal is being included in swine and poultry rations at the expense of corn. That may prove positive for Chinese soymeal demand, but there are reports that some soymeal buyers are defaulting in...
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.