Due to the New Year's holiday, the weekly MERCOSUR soybean market commetary will be delayed until next week (7 January 2018). Grains It was a short and quiet week in Argentina’s markets with small volumes traded FAS and almost no movement in corn/wheat FOB markets. Good weather is allowing farming activity to progress at high speed with 82 percent of wheat harvest completed (14 percent weekly progress). The remaining wheat harvest is mostly in the Center/South of Buenos Aires. Estimates peg the current volume harvested at 15 MMT and the Buenos Aires Grain Exchange, traders, and most analysts are estimating the total crop at 19 MMT. In the South of Buenos Aires, there might be some heterogenous yields due to the November...
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.