China's January-September Wheat Imports Reach Seven-Year High China's January-September wheat imports reached a seven-year high at 3.21 MMT. Though it is the world's largest wheat producer, China's poor harvest, in addition to higher domestic prices due to stockpiling at the beginning of the year, boosted wheat imports in the first nine months of 2012. Excessive rain during the flowering period and disease damaged the crop this year. September imports, at 524,156 MT, were almost triple the amount purchased in the same month last year. More Chinese mills bought high-quality foreign wheat to supply bakeries, their fastest-growing client.Despite these record imports for the first nine months, however, wheat imports during the next couple mont...
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.