Grains Wheat According to the Buenos Aires Grain Exchange, 87 percent of the expected wheat area has been planted, currently covering 6 Mha (compared to 6.3 Mha in the previous season). In contrast, the Rosario Grain Exchange estimates 5.4 Mha of seeded area (compared to 5.9 Mha in the previous season) and a production of 15.6 MMT (MMT). In either case, both figures represent a significant reduction in planted area. Production, however, is expected to increase year-over-year, considering that the previous season was a failure with a harvest of only 11.5 MMT. It seems that the "El Niño" weather pattern is starting to gain more strength and there are increasing rainfall events in South America. Last week, all the planted wheat area...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
In agriculture and food processing, we think a lot about infrastructure: transportation and storage, processing and packaging, distribution and delivery. It is a physical system of roads, railroads, and rivers; concrete and steel storage; processing plants, warehouses, and machinery; and, event...
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.