General Comments Markets were firm to start the week. The new trading hours took effect yesterday. The markets now open at 7 p.m., close between 7:45 a.m. and 8:30 a.m., then trade until 1:15 p.m. (all CDT). Wheat started strong last night, but corn and soybeans were lower. Soybean futures made a quick move to 13-14 cents higher when China's markets opened without much weakness. Wheat was strong on more talk of China business plus another cold weather forecast for later this week as far south as Oklahoma. Corn is still stuck in the death throes from the USDA stocks report.USDA will release its April supply and demand revisions on Wednesday, 10 April at 11 a.m. CDT. This will be the first WASDE since the fabled March quarterly stocks re...
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.