Corn ARGENTINA Both the old crop and new crop corn markets in Argentina have remained pretty quiet. Several sellers are still holding parcels or cargoes to finish the campaign. At the end of last week some parcels were traded at +30/28 CH FOB Upriver. The FAS market is very tight because of the lack of availability. In fact, a few weeks ago the president of the Chicken Producers Association complained to Interior Commerce Minister Guillermo Moreno that producers were unable to source corn in the local market. Moreno subsequently ordered exporters to supply 27,000 MT of corn every week to the domestic market. This demand, made without any regulation or decree, is forcing exporters to subsidize Argentina's chicken producers. The 27,000 MT...
Key Takeaways: Brazil confirmed a Newcastle disease outbreak at a commercial turkey farm in Santa Catarina on 18 October, raising concerns about potential disruptions to poultry exports despite the outbreak being confined to a single facility thus far. Mexico and Malaysia have imposed nationwi...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
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.