General Comments There was little more news about China's bird flu outbreak overnight, and Chinese markets and many businesses have closed for the long spring holiday weekend. Rumors about Chinese interest in new crop U.S. SRW continue to swirl, and there is a general consensus that some trades have taken place for July/August shipment. There is no consensus about the traded volume, however. Estimates or guesses we hear range from 400,000 MT to as much as 1.2 MMT. New crop U.S. SRW is the by far the cheapest wheat (or feed grain) available to Chinese buyers.It was another day of selling pretty much across the board. Weakness showed up overnight and continued to dominate the day session led by soybeans. Liquidation of long positions picke...
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.