While it is difficult to assess the impact of weather on Brazil's overall crop production at this point in time, it is safe to say that it will be difficult to reach the current soybean production estimate there and that corn's is likely too high as well.We’ve commented recently about the apparent disconnect between the mainstream weather reports from Brazil compared to actual reports received from clients actually farming there. For most of the past two months, the daily weather summaries have simply said “weather in Brazil is good for crop development.” Meanwhile, farmers in central and northeast Brazil have been talking about extreme drought coupled with very hot temperatures. Another conversation with a client in Brazil earlier th...
What You Need to Know Today: Grain futures fell hard overnight after the USDA’s Crop Conditions report showed better-than-expected ratings for corn and soybeans, despite difficult weather last week. The Conditions report was even more bearish in light of meaningfully beneficial rains acr...
Key Takeaways: New Mexico’s Clean Transportation Fuel Program expands demand for low-carbon fuels and creates another market for renewable feedstocks, adding incremental pressure to already limited supplies of lower-carbon inputs. Growing competition for waste-based feedstocks such as an...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan has just held its first meeting of the Committee on GM Corn. The Committee was established to "undertake an objective, science-based, and evidence-driven review of Pakistan’s policy regarding the commercialization o...
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.