General Comments It was a particularly vicious day across the agricultural markets today. Everything was weak most of the night, and that weakness turned into a full blown sell-off after the open outcry session started trading. That sell-off took soybeans down 30 cents, with wheat down as much as 14-15 cents and corn down 11-12 cents. Fear of the USDA reports must have pushed a lot of money off the table before they were even released. It has been a while since the market saw a bullish USDA report, and the big money was betting on another bearish series of numbers this morning. Things changed dramatically as USDA's numbers started to hit the market. The corn quarterly stocks number and the winter wheat acreage number were both bullish. T...
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.