South American soybean prices have been hesitant to follow futures markets higher. The result is that Argentine basis continued to weaken last week. Corn The Argentine corn market is becoming active as increased farmer selling is met by consistent demand in the export market. An important reason for this expanded activity is that Argentine corn has become competitively priced on the global market. The end results are sales to North Africa (Morocco, Algeria), South America (Peru, Chile) and the Caribbean (Dominican Republic).Even though the Argentine corn harvest was delayed this season, recent price increases are creating an incentive for farmers to move their grain in large volumes. The rate of sales to date has reached approximately 9 M...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.