Regional News The weather across Europe has shifted from an extremely dry pattern earlier this spring to a wetter, more normal pattern in the past two weeks. Nearly all areas of Europe have received widespread rainfall over the past two weeks while the past seven days have offered good coverage of all areas except the UK, northern Germany, and Italy. The recent rainfall has boosted crop conditions and is helping keep yield forecasts for winter and summer crops steady. The 7-day forecast again features widespread rains across southern Europe. However, the UK, as well as northern France and Germany will remain drier than normal. The current forecast is especially worrisome for winter crops in the UK, where drought concerns are m...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
Inflation is back in the driver’s seat, and agriculture is getting pulled in two directions. A stronger dollar is pressuring grains despite fresh Chinese buying, while renewed Middle East attacks lift crude oil. Higher energy prices can support commodities, but they also raise expenses an...
Regional News European grocery stores have been targeted by cybersecurity attacks this week, with major retailers in France and the Netherlands affected. In France, major grocers, including Carrefour, Intermarché, and Coopérative U, all suffered attacks in which freezer and...
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.