Farmers are using the highest wheat prices they have seen in many months to price some of their anticipated production. General Comments The war of words between Russia and the Western allies does nothing to reduce the tensions that are following Russia's annexation of Ukraine's Crimea, nor does the continued significant presence of Russian troops along Ukraine's eastern border help. That the situation might somehow escalate poses ongoing risks for grain and oilseed markets which are probably most intense for wheat. Nevertheless, the most immediate set of influences facing the markets are Monday's stocks and planting reports from USDA, of course.After trading higher during the morning, U.S. stocks fell back into the red by the afternoon c...
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.