World Perspectives
feed-grains soy-oilseeds wheat

Insane Consumption Growth

World crop production slipped in 2018 from the record levels reached in the previous five years, which masked the fact that world consumption also set records in each of those same years. World soybean production was a record again in 2018, but world production of corn and wheat fell as did that of barley, another important crop. An individual from the wheat flour milling industry was casually looking at the world wheat consumption numbers during a recent meeting, and he was stunned to see that it has risen 100 MMT in just the past ten years. He did some very casual research, comparing that increase with population growth. Although the latter did account for a large part of the consumption gain, the world is consuming more wheat per capita...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.445/bushel, up $0.04 from yesterday's close.  Mar 26 Wheat closed at $5.0775/bushel, up $0.015 from yesterday's close.  Jan 26 Soybeans closed at $10.5225/bushel, down $0.06 from yesterday's close.  Jan 26 Soymeal closed at $298.4/short ton, up $0.2 from...

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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.

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