Regional News Some winter crops have broken dormancy across France, though the pattern has been spotty so far. Conditions in the south have been favorable for wheat entering the vegetative stage while crops in the central and northern portions of the country are mostly still dormant. Scattered showers are expected this week that will benefit crops in most regions. Precipitation across western/central Europe has decreased in the last two weeks which is putting most of France and Germany in a mild drought. Fortunately, temperatures are expected to remain at or below normal for the next week, which will help limit draws on soil moisture. Ukraine and Russia continue to face below-freezing temperatures that are keeping winter crops...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Dry bulk markets were volatile but ultimately steady this week with notable differences in rate developments across vessel classes. The Capesize sector, which led the recent rally in freight rates with its dramatic surge, pulled back slightly amid more cautious chartering activity, partic...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their 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.