Total U.S. corn export commitments have now reached USDA's latest forecast for all of 2013/14, actually 2 million bushels above it with five months of the year still to come. General Comments Outside markets were mixed and generally unexciting as the Ukrainian situation seems to be safely staying in the hands of the diplomats. U.S. stocks did not change much. The Dow traded to a new record high during the session, but it closed down less than a point and about 4 points below its record set back on 31 December. Precious and industrial metals closed lower, but the U.S. dollar index is higher as is crude oil, which climbed back above $100. All of this left grain and soy markets to trade on their own merits, or lack thereof.The old crop soybe...
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.