Good wheat crop prospects elsewhere, the lack of demand from importers and lower offers from Black Sea sellers seem to have overcome the impact of the drought in the SW Plains. Some market watchers are declaring that the bull market in wheat is over. General Comments The overnight trade saw markets trying to follow yesterday's pattern of lower grain prices and higher soy values. In fact, that is the way today's daytime session opened with wheat and corn lower, and soybeans struggling to hold in the green. Soybean bulls were looking/hoping for a bullish monthly crush report from the National Oilseed Producers Association (NOPA) at mid-session to provide some needed upside momentum. Good crushing volumes for the past few months have been a...
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.