General Comments Markets opened higher Sunday evening led by 6- to 8-cent gains in soybeans. The Sunday afternoon weather was slightly warmer and drier for southern Brazil and Argentina than Friday's outlook, but there is still no consensus among the various weather models. One model continues to try to add a better chance for some rains in the extended outlook, while the other major model does not. Soybean futures vacillated back and forth the remainder of the night and through this morning on light volume. Corn was actually steady to higher much of the session and led a late charge to finish 8-9 cents higher, while wheat futures were slightly lower to unchanged. There was no real conviction among sellers or buyers until corn surged i...
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.