General Comments The elimination of price premiums, added to the value of corn and soybean futures over the last two weeks as protection against the risk of adverse growing weather, remained the futures markets' major pre-occupation overnight and again today. The two principal weather models remain in agreement that a period of wetter and cooler conditions will build over most of the Midwest and Delta starting this weekend. Individual model runs tend to shift the potential rainfall around a bit, but the overall message is clear. If all happens as advertised, the main production areas for corn and soybeans will receive episodes of beneficial rains over the next two weeks including the dry western and southern portions of the Corn Belt...
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.