There is a lot going on these days on both macro and micro levels that can have direct or indirect influence on grain markets and commodity markets as a whole.There is a lot going on these days on both macro and micro levels that can have direct or indirect influence on grain markets and commodity markets as a whole. It seems as though the grain and soy markets have already become nervous as a result. Evidence of this can be seen in the price action of the last four trading days. From the session lows of 30 January to the current prices as of this writing on 4 February, March corn has gained about 11 cents, climbing through mild resistance around $4.35 and now challenging more serious resistance at $4.40. During this same short timeframe, C...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.