General Comments Soybeans led the market lower overnight and pushed prices back into the gap that higher openings created last Monday. Not much has changed from Monday in terms of the U.S. crop outlook. The dry areas are still dry and it has been extremely hot nearly everywhere. Those conditions continue to work against corn and soybean yields. Weather forecasts continue to call for increased chances of rain in the extended time period. That has been the situation for the last six weeks and those rains didn't arrive. Rains in the second week of September will be too late for most of the crop areas. Temperatures will be much cooler next week with the passage of a cold front.This is the last holiday weekend of the summer in the U.S. and...
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.