Bunge Canada's recent purchase of the Canadian Wheat Board concludes the second chapter in its demise since the Canadian government attempted to turn it into a private grain company. There are several reasons for the failure.Bunge Canada, the majority partner in Global Grain Group, recently purchased the Canadian Wheat Board (CWB). This concludes the second chapter in the board's demise since the Canadian government ended its monopoly and turned the CWB into a private grain company. Well, sort of private. The government lavished the new enterprise with a few billion dollars to help it through the transition and get it off and running. The problem of course was that it never did successfully launch, and the Canadian government wanted t...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.