After noting in last Monday’s analysis (see Ag Perspectives, 23 April) that markets will be on cruise control for a month or so until crops get planted and growing season weather can be more fully assessed, it seems they have decided the 2018 growing season around the world will not be as perfect as the previous four years. The world has been awash in grains and oilseeds because ideal weather has resulted in several consecutive years of record world crop production. As WPI has pointed out numerous times, that has masked the fact that world consumption also continues to set new records. There are now sufficient weather-related crop production problems globally to say the string of record production years has ended. Among them are the...
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.
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...