Drought Continues in Parts of Argentina Relatively little rainfall was received this past weekend over Argentina’s soybean and corn growing areas, especially where it is most needed in the provinces of Buenos Aires and La Pampa. In some southwestern parts of Buenos Aires Province, the rains were necessary to proceed with the soybean planting, which still had 18 percent of the intended area to be completed as of late last week. The outlook for the next week to 10 days calls for continued dryness across the country’s key soybean-growing areas, and temperatures may reach 100°F later this week. The yield potential has already been reduced in some areas, and further damage will occur if substantial rainfall is not received soon...
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.
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...