Today's grain and soy markets saw a tug of war develop between the strength of wheat and the weakness of soybeans with corn caught in the middle. General Comments Outside markets continue to trade listlessly with China's slowing economy and the Ukrainian situation dampening traders' enthusiasm. Equities were lightly traded, and stock indices finished mixed with the Dow down 11 points and the S&P 500 up fractionally. It was the third down day in a row for the Dow. The U.S. dollar index was lower, but gold and copper closed higher. Crude oil also dropped for the third day in a row, pressured by growing stocks of crude in the U.S. NYMEX April crude oil fell $2.04 to $97.99.The EU and the U.S. are threatening new sanctions against Russia...
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.