Corn Argentina’s corn harvest continues to advance and confirms that yields will be below initial expectations and highly varied. Last week, farmers made 2.6 percent harvest progress, bringing the total harvest to 17 percent of the area. The recent frosts will probably affect late corn yields, but it is still too early to estimate possible yield reductions. The soybean harvest is gaining momentum and when farmers start harvesting soybeans, the machinery is at full capacity for this crop. Corn will be relegated to the sidelines for a while as it has no risk of yield loss while waiting in fields like soybeans do. This is a common practice every year in Argentina. The arrival of trucks continues to be good while the vessel...
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...
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.