It’s difficult to write about wheat when we are still reading the world is “awash” in it, and weekly U.S. export sales continue to be rather paltry at best. There has been a great deal of wheat news lately, although much of it doesn’t receive much analytical coverage. Following are some of the issues that should lead to a period of much stronger U.S. wheat export sales throughout the winter months: Brazil has a mess on its hands with its wheat crop. The rains will not stop. Quantity and, more importantly, quality are disappearing quickly. Brazil consumes about 12 MMT per year, but production was 5.54 MMT in 2015 and 6.73 MMT in 2016 with 5.2 MMT projected for this year. As a result, the difference must be imported...
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.