Exports have traditionally played an important role in the supply and demand outlook each year for the three most important (as measured by planted area) U.S. field crops: wheat, corn and soybeans. Grain exports were an important part of U.S. aid to wartorn Europe immediately following the end of European hostilities in 1945. Assistance for the reconstruction of Europe continued under the more formalized Marshall Plan established in 1948. In 1954 Congress passed PL 480 authorizing USDA to make sales of U.S. grains to needy countries under concessional terms.Exports of wheat and other grains under PL 480 during the 1950s and 1960s were a major part of total U.S. grain exports during that period, especially when USDA began to use sales unde...
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.