CORN Argentina’s corn harvest remains practically paralyzed, with weekly progress of less than 2 percent, in sharp contrast to soybeans, which advanced 16 percentage points. Rainfall across much of the agricultural region, with accumulations exceeding 100 mm and strong winds in southeastern Buenos Aires Province, halted fieldwork. However, there are no reports of structural damage to overall production potential. Commercial activity also slowed following a period of strong trading dynamics. FAS values for immediate discharge, which previously reached $195/MT amid short covering and shipment pressure, eased to $190-192/MT. The shift in market structure remains notable, as nearby positions moved from a pronounced discount several weeks...
What You Need to Know Today: The June jobs report showed nonfarm payrolls increased by 57k jobs, less than the 115k jobs expected by economists surveyed by Dow Jones. The labor force participation rate dropped by 0.3 percent to 61.5 percent, the lowest since March 2021, and the lowest in 50 ye...
As Cuba's economic crisis has deepened, discussions about the country's eventual economic and political transition have reemerged. One question that inevitably follows is what opportunities might emerge for U.S. agricultural exports. So, here’s a brief review of those opportunities, but n...
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.