General Comments Grain and soy futures edged lower overnight mostly in response to the slightly improved weekly crop condition report for corn and soybeans. The good/excellent categories stand at 64 percent in each case which keeps the ratings above average. In turn, this translates into visions of big crops and sharply increased stocks. This vision has pressured new crop corn and soy futures for the last couple of weeks.The vision of big crops and enlarged stocks once again dominated corn and soy futures trade during the day session keeping prices under pressure. According to common wisdom about crops and weather, corn is a crop of July and soybeans are a crop of August. July has passed and corn benefitted from mostly cool temperature...
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.