World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments Today's WASDE, including USDA's first look at the U.S. and world supply and demand outlook for 2012/13, added legitimacy to the tug-of-war between the corn and soybean markets that has been ongoing ever since splitting up spring planted acreage became an issue for markets. The contest now finds bearish corn and bullish soybeans slugging it out with wheat caught somewhere in the middle.The WASDE surprisingly eases the tight old crop corn situation slightly, and it dumps huge record setting 2012/13 corn production on the market. One may be dubious about USDA's old crop corn conclusions, but there is no denying the bearishness of its new crop outlook almost no matter how much corn China might buy. On the other hand, old cro...

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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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