Argentina’s government has already started playing games with the export declarations allowances. They reopened the export registry for additional quantities of 100 KMT of old crop (2020/2021) against a vessel nominations, plus 500 KMT of new crop wheat and 1 MMT of new crop corn. After the announcement, corn export declarations reached 39.5 MMT for old crop and old crop wheat declarations hit 10.9 MMT. Wheat Harvest continued last week with almost 6 percent more harvested, but rains slowed progress. Total harvest reached 17.6 percent of the area, which is down 2.2 percent from last year’s pace. Due to last week’s rains, crop conditions improved again and 92 percent of the crop is rated between normal and excellen...
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.