General Comments The color theme for grain and soy complex futures today was firmly green. Prices began to move higher overnight as trading volume picked up. Short covering was the main feature across the board. Once again, weather was the trigger. Although needed rain fell over dry southwest Iowa, those showers moved toward the southeast into Missouri and thus missing Minnesota, western Illinois and the remainder of Iowa. Midwest temperatures should warm but only to seasonal levels by this weekend, which is a good thing. However, the next chance for rain over the dry western portions may not be until the last week of the month and this worries the shorts.There were two other seemingly bullish factors for the market to consider in addi...
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.