Regional News Recent swings in temperatures across the EU could leave winter crops weakened and more vulnerable to damage. EU winter crops have escaped significant damage so far, thanks to a warmer-than-average winter, except for an early December cold spell. Temperatures in recent weeks have started to cool down, which is generally good for crops but earlier warmth brought plants out of dormancy. The exit from dormancy combined with the cooling trend heightens the risks for crops heading into the last few months of winter. Forecasts for Russia’s 2022/23 wheat exports continue to increase with Rusagrotrans predicting 46 MMT of exports this year. Consultancy SovEcon’s estimate is slightly lower at 44.1 MMT, but up f...
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.
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...