General Comments The markets today repeated the pattern of the past several sessions. They were all firm overnight led by 12- to 14-cent gains in soybeans, but were trading lower by the time the open outcry session opened. Trading volume actually appeared to be somewhat better than yesterday's. This morning's weekly Export Sales report showed much better-than-expected wheat sales, but disappointing corn and soybean export sales.The fiscal cliff fiasco continues to play out in Washington. The key parties apparently will meet later today. Financial markets were lower all day, reflecting the lack of confidence that anything meaningful will get done. Crude oil was unchanged today and the dollar was fractionally higher.The Mississippi River m...
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.