There were several comments floating around about U.S. farmers planting more corn acres than a year ago because last year's profits were so big. That won't happen in 2014 as every crop budget worksheet shows breakeven at best. General Comments Soybeans were strong again in the Sunday evening session, while corn and wheat traded lower. Soybean and soymeal futures never really faltered throughout the session as wheat moved from lower to higher, and corn simply nudged back toward unchanged. There were no export sales or sales cancellation announcements from USDA today. Weekly export inspections for corn, wheat and soybeans were either right on or just above the range of estimates.Funds were again buyers of soybeans and soymeal, small buyers...
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.