Markets seldom trade much in February on prospects for the next crop year, but Monday's WASDE definitely perked up attention. In fact, it was almost exciting.Every WASDE from USDA is interesting, of course, but the February report usually attracts less attention from markets than most, if not all, of the other 11 monthly editions. By February, analysts are confident that they have a good handle on production and available supplies of grain and oilseeds in both the Northern and Southern Hemispheres. They also have a pretty good handle on demand, or at least think they do. Additionally, Northern Hemisphere winter wheat is still in dormancy this month, and spring planting is still a few months away. Markets seldom trade much in February on pro...
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.