Regional News European consultancy COCERAL issued its latest series of crop forecasts on 25 September. COCERAL left its forecast of the EU wheat crop nearly unchanged at 129.2 MMT, while lowering the EU 2020 barley crop to 61.3 MMT, down from 62.5 MMT in earlier forecasts. The EU 2020 corn crop was pegged at 62.8 MMT, down from prior forecasts of 64.6 MMT due to hot dry weather across most of the major producing countries. The EU-27 rapeseed crop was estimated at 16.18 MMT, in-line with prior forecasts and up slightly from 2019’s 15.25 MMT crop. Drought continues to afflict most of eastern Europe, southern Ukraine, and southern Russia. The crop-masked NDVI (a statistical measure of crop health as measured by satel...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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.