Corn The Buenos Aires Grain Exchange lowered its forecast of Argentina’s corn harvest estimate by 2.5 MMT down to 54 MMT last week. The main reasons are the February heatwave (which affected the mid- and late-season corn), excessive rainfall, and inclement weather that caused yield losses, plant overturns, etc. The unusually high incidence and severity of Spiroplasma bacteria was also noted as a reason for the reduced output. Many farmers are noticing that the incidence of Spiroplasma and its effects are larger than expected. Many plants appear be to healthy or nearly healthy at first glance, but the cobs are later found to be affected. Rain continues to fall steadily across Argentina, resulting in significant water accumulat...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
Weather concerns and the impacts of the war in Iran helped push wheat and corn to sharp gains Tuesday, with both markets blowing past key technical resistance levels. The weather is now coupled with geopolitical tensions that look increasingly hard to resolve, which is giving funds the perfect...
Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisian researchers have been able to fully sequence the genomes of two local durum wheat types that have been grown in Tunisia for generations. They say that this “could be the key to developing more climate-resistant duru...
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.