World Perspectives
feed-grains soy-oilseeds

Crop Condition and Yield

Uncertainty going into a WASDE has rarely been this large. In a continuing search for clues, the quiver keeps coming up empty. The known metrics of history indicate that the planting date can have an impact on yield, but it is just one variable and not a conclusive one. Looking this time at crop condition, isolating a single variable as the determinant of the final outcome is also problematic. Without doubt, the amount of soybeans and corn rated good to excellent is well below that of recent years (see graph below).

The crop condition reports in August have risen or fallen as the weeks progressed, but the month has generally reflected the final rating. There are of course outliers, though. The 2017 corn crop was rated 62 percent good/ex...

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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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