Wheat turned decidedly weaker early this morning and dragged corn lower as well, while soybeans again traded both sides of unchanged much of the session. General Comments Markets were slightly lower most of the night session, but wheat turned decidedly weaker early this morning. Some weather forecasters evidently saw a slight shift to a wetter forecast across the Southern Plains and that started the selling. Wheat dragged corn lower as well, while soybeans again traded both sides of unchanged much of the session. Other than subtle changes in the weather forecasts, there wasn't much else to trade today. USDA will release this month's WASDE on 9 April. There is talk that could be the last of the bullish news until and unless weather becomes...
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.
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...