General Comments The U.S. government was on holiday today. There were no USDA reports, including weekly export inspections, weekly crop progress numbers, or any potential export sales announcements. All of those reports will be released tomorrow. The October USDA crop production and supply and demand revisions will be released Thursday morning, 11 October. All of this, coupled with fairly stable outside markets, gave us boring and mixed grain and oilseed markets last night and today. Wheat was higher most of the session while corn was lower most of the session. Soybeans moved back and forth from down as much as 8-10 to up as much as 8-10. Crude oil was again sharply lower early this morning, but those losses moderated to 40-50 cents a ba...
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.
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...