Brazilian presidential candidate Jair Bolsonaro promised continued land development whereas his challenger and the ultimate winner, Luiz Inácio Lula da Silva, promised to crack down on illegal deforestation. This does not mean agricultural area expansion stops, but it might slow down. The annual rate of expanding Brazilian land being used to harvest major crops has been 3.92 percent since 2000. During the past few years of the Bolsonaro government, it has expanded at a 4.38 percent rate. This contrasts with the expansion during Lula’s previous eight years as head of state during 2003 to 2010 of 1.89 percent. Yesterday’s win by Lula does not mean the end to expanded Brazilian area under production, but it mig...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
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.