USDA’s soybean outlook - U.S. soybean supply and use changes for 2019/20 include lower exports, seed use, and residual use, higher crush, and higher ending stocks. Soybean exports are reduced mainly on strong competition from Brazil. Higher crush only partly offsetting lower exports, seed, and residual use – so ending stocks are projected at 480 million bushels, up 55 million. Lower seed use reflects plantings for the 2020/21 crop indicated in the March 31 Prospective Plantings report. The season-average soybean price is forecast at $8.65 per bushel, down 5 cents. ...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.