World Perspectives

Current Food System Resiliency

Supply chain experts say there is ample food in the system despite the initial surge in purchasing by consumers worried about coronavirus lockdowns. For shelf-stable products, there is at least eight to ten months’ worth of supply in warehouses; perishables are obviously less abundant. South Korea’s reported problem with perishables is product normally destined for shuttered restaurants now going to waste.  The larger problem in the industry is the logistics of moving supplies from warehouses to stores. It is mostly third-party delivery companies and they are concurrently burdened with a surge in online shopping for most goods. Another problem emerging is labor shortages affecting growing, harvesting, processing and distri...

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feed-grains soy-oilseeds wheat

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Summary of Futures

Dec 25 Corn closed at $4.24/bushel, up $0.0025 from yesterday's close.  Dec 25 Wheat closed at $5.225/bushel, down $0.0175 from yesterday's close.  Nov 25 Soybeans closed at $10.255/bushel, down $0.12 from yesterday's close.  Dec 25 Soymeal closed at $284/short ton, down $0.7 fro...

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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.

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