The Australian wheat harvest has all but begun, with deliveries in Western Australia and Queensland. Harvest is not expected to begin in earnest for another few weeks, but early indications are that yields are down on last year and wheat quality remains to be seen. In the west, dry conditions are likely to "compress" the harvest period and grain handlers are asking growers to be patient when delivering grain. In eastern Australia, milder conditions appear to be pushing harvest back slightly.A significantly drier-than-average second half of the winter cropping season has sharply cut yield potential from the more typical 2.0 MT/hectare to around 1.7 MT/hectare. This has cut wheat production levels in all states except Queensland. Western Aust...
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.