“She’s back!” is the title of the National Oceanic and Atmospheric Administration’s (NOAA’s) November 2017 La Nina update, which was released last week. This was essentially a declaration that a La Nina is at least present. The critical issues going forward are whether it remains present and how strong this weather event becomes. The actual announcement also carries some interesting feedback from some who question its validity. This update predicts there’s a 65-75 percent chance that the La Nina will continue at least through the winter, and those odds are higher than other recent forecasts. It is also expected to be a weak event. The map below provides a very simplistic graphic of how this La Nina migh...
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.