During the next month, South American farmers will have to start considering their planting intentions for the 2015/16 season. Ther market there, though, is currently being impacted by several other factors.Favorable crop yields in South America will partially offset weak prices for farmers there. The pictures below show the good condition of soybean and corn crops going into harvest:Farmers are not anxious to sell at current prices, but some selling of soybeans and corn is necessary in order to make payments. There will presumably be an attempt to delay acceptance of offers on soybeans as long as possible and instead sell corn first in order to generate the necessary cash. As well, farmers will strive to harvest and deliver directly to the...
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...
Dry bulk markets were volatile but ultimately steady this week with notable differences in rate developments across vessel classes. The Capesize sector, which led the recent rally in freight rates with its dramatic surge, pulled back slightly amid more cautious chartering activity, partic...
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.