Wheat has been the topic of conversation for the past few weeks. We have pointed out that U.S. and world supplies continue to decline as production levels slip smaller across the Southern Hemisphere and world demand stays at least steady. This decline in supplies has been especially evident among the world's major exporting countries. It used to be the Big 5 exports of the U.S., Canada, Australia, Argentina and the United States. We must now add Russia, Ukraine and Kazakhstan, as we showed in a table of world wheat production, consumption and supplies among the major exporters last week. It all points toward increased U.S. wheat exports during the last half of the marketing year. This is contrary to most marketing years when U.S. wheat mu...
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.
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...