Corn The corn market in Argentina continues to be relatively quiet. Offers for old crop corn are scarce, with sellers asking for 15 October and November shipment out of Upriver ports at -5 CZ. There are isolated offers for December shipment at -50 CZ with a high buying front at -60 CZ. Trading houses are running out of export licenses and premiums are becoming firmer. Demand is willing to trade at -75 CZ.Argentine corn is very in-demand for all shipments, but especially so for January and February. Buyers are ready to pay -65 and -60 CH, respectively. Both shipments are logistically complicated due to the entrance of new winter crops during that time. This week there were rumors that the United States purchased at least 0.80 MMT of Argen...
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.