Brazilian Farmers Investing More in Soybeans, Less in Corn Because of low corn prices and the necessity to treat soybeans for Asian rust, farmers in Mato Grosso as well as other states have apparently decided that it is wiser to attempt to maximize soybean yields than use their limited capital to invest about the same in both crops. They have sharply reduced their corn plantings in the current summer season because of poor profitability, and many expect an additional decrease in the safrinha season. One agricultural input supplier in Mato Grosso indicates sales of inputs for corn are expected to be down at least 10 percent in that latter season. Meanwhile, farmers there indicate they need a soybean yield of about 60 (60 kg) sacks/hectare (...
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...
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.