General Comments Yesterday's green numbers turned red today. Grains and the soy complex turned lower in overnight trading, and that was the trend as well throughout the day session for the most part. The feeling is that negative macro influences, as sequestration nears, finally caught up with the grains. At the same time a major winter storm continued to dump mostly white-colored, but very welcome precipitation over portions of the Plains and Western Midwest. The heaviest amounts fell in Oklahoma and Southeast Kansas. The storm will move eastward across the Midwest and into the Mid-Atlantic region by the weekend.Fears that the across-the-board federal budget cuts looming on 1 March will harm demand hit most other commodities again today...
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.