World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat Argentina’s wheat harvest continues at high speed with 12 percent harvested this week. The total has now reached 45 percent of the planted area.  Surprises are coming from the nucleus regions with yields above estimates, bringing an additional 430,000 MT to the area. Per Rosario Stock Exchange, the estimated volume for the nucleus region increased from 7.1 to 7.53 MMT - an all-time high. The primary reason for the yield increase is higher fertilizer application this year. So far, official crop estimates are still between 20.3-20.4 MMT, but WPI suspects the final crop will be bigger, likely near 21.2 MMT. The south of the Buenos Aires province hasn’t started harvesting yet, but the crop looks fine and average yields...

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feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 30 June)

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Sep 25 Corn closed at $4.0925/bushel, down $0.0225 from yesterday's close.  Sep 25 Wheat closed at $5.3825/bushel, down $0.025 from yesterday's close.  Nov 25 Soybeans closed at $10.27/bushel, up $0.0225 from yesterday's close.  Aug 25 Soymeal closed at $275.8/short ton, up $0.2...

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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.

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