Although there does not appear to be any disruption in Black Sea grain shipments or in early spring planting in Ukraine so far, the situation remains a major and possibly risky wildcard for grain markets. General Comments Outside markets did not provide much direction for grains today. Stocks traded close to unchanged much of the day before late weakness down at the close. The Dow closed off 67 points. The U.S. dollar index was close to unchanged, but most energy prices were weaker. Crude oil lost more than $1.00 and closed barely over the $100 mark. In the "for what it is worth" department, the U.S. Energy Information Administration (EIA) predicted that U.S. crude oil prices would average $95 in 2014 and $90 in 2015.CME corn, soybean 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.