Wheat The quality issues (low test weight) in Argentina’s wheat that WPI has noted in recent weeks now seems to be quite localized in the Southwest of Buenos Aires province, near the port of Bahia Blanca. Nevertheless, there doesn't seem to be a current need for exporters to go out and seek demand for feed wheat. So far, they have managed to keep the quality averages within the committed parameters for grain being loaded on ships. It's important to mention that the export programs are not very large currently, which gives exporters time to blend wheat to meet quality specs. The main reason was the lack of demand, as Argentina is finding it challenging to be competitive and avoid booking exports at negative margins. The quality reach...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
Mediterranean/Middle East/North Africa/Africa – MEA Region Bangladesh is reported to have finalized the purchase of 270,000 MT of wheat, including 220,000 MT of U.S. wheat. The U.S. wheat is priced at $322/MT, with an additional 50,000 MT of wheat at $297.90/MT through an international te...
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.