Regional News The weather across Europe has shifted from an extremely dry pattern earlier this spring to a wetter, more normal pattern in the past two weeks. Nearly all areas of Europe have received widespread rainfall over the past two weeks while the past seven days have offered good coverage of all areas except the UK, northern Germany, and Italy. The recent rainfall has boosted crop conditions and is helping keep yield forecasts for winter and summer crops steady. The 7-day forecast again features widespread rains across southern Europe. However, the UK, as well as northern France and Germany will remain drier than normal. The current forecast is especially worrisome for winter crops in the UK, where drought concerns are m...
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.