The markets have been expecting record crop production in Brazil and Argentina this year, and that has cast a bearish pale over the new crop markets. Weather has been very cooperative in Brazil but not quite so accommodating of late in Argentina. We are in weather markets again because of recent hot, dry weather in Argentina. The tightness of world grain and oilseed supplies means we will be in weather markets at least into June and July when we have a better handle on the Northern Hemisphere growing season.Farmers in Argentina, however, continue to fight more than just weather and crop production. They have been battling government policies that impose big taxes on their production, and now they have significant currency and inflation is...
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...
Developer's Note: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where obs...
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.