General Comments The grain and oilseed markets continue to repeat the daily pattern we have seen since the fund liquidation started at the tail end of 2012. Prices were again firm overnight with soybeans trading as much as 9 cents higher, but the closer we got to daylight the weaker the markets got, and soybeans did a total collapse again after the open outcry session started trading at 9:30. The USDA's weekly export sales report did not contain any surprises. The sales numbers were small, as expected over the Christmas week. The market's early losses might have been in anticipation of another bearish round of production estimates from Informa. They obliged and raised their U.S. corn production estimate 75 million bushels and their soybe...
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...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
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.