World Perspectives
wheat

The World of Wheat in 2018/19

For countries that supply renewable agricultural commodities to world buyers, a more perfect world occurs during a year when global demand for a particular one of those is growing while its production in most other competitors declines. In a sense, that is what is happening in the world wheat market of 2018/19. It seems as though Mother Nature targeted production in most major wheat-exporting countries with adverse weather but did so far more leniently by comparison with the U.S. wheat crop. The world set wheat production records in each of the past four years that outstripped demand. After reaching an estimated 658.7 MMT 2012/13, production had climbed more than 100 MMT to 757.9 MMT by 2017/18. However, world wheat use from 2012/13 to 201...

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Summary of Futures

Jul 25 Corn closed at $4.335/bushel, down $0.09 from yesterday's close.  Jul 25 Wheat closed at $5.42/bushel, down $0.1275 from yesterday's close.  Jul 25 Soybeans closed at $10.56/bushel, down $0.0125 from yesterday's close.  Jul 25 Soymeal closed at $295.5/short ton, down $0.2...

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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.

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