World Perspectives
wheat

Wheat Market Conundrums

The southern Plains drought has essentially been in place since late last fall. It intensified over the winter, spreading mainly south and west but also eastward to some extent. Parts of Texas, Oklahoma and Kansas have not received meaningful rain since last October. A Plains drought is one of those worldwide weather conditions loosely associated with La Nina, which characterizes this current one. The drought’s presence has been well advertised, and its possible impact on the 2018 U.S. hard red winter wheat (HRW) crop has been a topic of discussion among Plains growers, agronomists, flour millers and wheat market watchers for at least the past three months. However, a winter drought may not do much damage to a winter wheat crop if it...

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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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