Wheat Argentina’s wheat planting is entering its final stage after a weekly advance of 12.7 percentage points at the national level, now covering 91 percent of the projected 6.7 million hectares. Regional progress of about 20 points was seen in areas previously delayed by surface waterlogging. A recent rise in temperatures has supported crop emergence and early growth, with the most advanced fields in the central and northern agricultural regions already in the tillering stage. Late in the week, rainfall of 10–30 mm in the western nucleus region helped alleviate emerging surface moisture deficits. Crop condition is rated 51 percent good to excellent, 47 percent fair, and 2 percent poor to very poor. Soil moisture is report...
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.