General Comments It was one of those rare "risk on" days today following what seems like weeks of fear-related selling. The fiscal cliff suddenly has become the fiscal slope. Today's U.S. housing data was reported by some news outlets as being the best since 2006, with the housing inventory down 22 percent from a year ago. Crude oil was very strong on fears the turmoil in Israel and Gaza might escalate and cause oil flow interruptions. The dollar index was losing 0.4 percent.Corn, soybean and wheat futures were strong from the start Sunday afternoon and held much of that strength throughout the day. Corn was actually the leader on talk that logistical snarls in Brazil were pushing corn business back to the U.S.This is a holiday-shorten...
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.