General Comments The overnight session was dull; prices were mixed and the market lacked any enthusiasm for moving up or down. The only news, which was not really new, concerned South American weather. Forecasts for southern Brazil and Argentina lack any significant rainfall through mid-February. In fact, they lack any rain at all in the outlook, which also calls for periods of above-normal temperatures. If realized, soil moisture would rapidly disappear at just the time when some of the crops in the region need it the most. We caution (again) that it is risky to put a lot of faith in weather model projections 10-14 days out, but this is what the market sees and trades on.Today it has been a tale of two markets. Grains have been weaker o...
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.