General Comments Markets opened weak yesterday afternoon. That weakness continued to build throughout the night and accelerated at 9:30 a.m. when the open outcry session got underway. None of yesterday's buyers were visible today, and it is difficult to explain where they all went. There was no overriding bearish news overnight. Corn and wheat weekly export sales numbers this morning were less than expected. Soybean export sales were slightly smaller than expected at 500,000 MT. No export sales were announced this morning, although there continues to be talk that China bought more soybeans.Markets today simply might have been saying: Now that we have the October USDA reports behind us, we don't have much to look forward to that would pro...
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...
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.