Wheat There was a lot of anticipation regarding the rains that were forecast for this past weekend, and most of the Buenos Aires province received a good amount of precipitation. Although it’s still not the 100-120 mm need to recover the soil profiles, it will help farmers start planting as they now have more trust in rain for the near future. More rain is forecast for the coming days, but it seems that the “nucleus” region will not be that lucky and it is still the most drought-affected area. To make the decision on whether to invest $500-700/ha in planting wheat, favorable conditions are required. There is still time, and although many estimate that the planted area will increase, such possibilities are dwindlin...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
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.