Everyone understands that world weather in 2013 will be critically important to commodity suppliers and prices. World feed grains supplies are hovering around record small levels. With soybean supplies in the U.S. expected to be near bin-bottom levels by late summer, the world is banking on record soybean production in Brazil and Argentina to replenish stocks. The trade feels comfortable with world wheat supplies, but a closer looks shows the major exporters -- with the exception of North America -- are basically "out." We continue to monitor potential production problems in southern Russia because of the drought and very cold winter. We see the U.S. drought monitor maps in every publication and at every meeting. We know that high prices...
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.
Key Takeaways: Brazil confirmed a Newcastle disease outbreak at a commercial turkey farm in Santa Catarina on 18 October, raising concerns about potential disruptions to poultry exports despite the outbreak being confined to a single facility thus far. Mexico and Malaysia have imposed nationwi...
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...