South American producers have more problems and less financial support than their North American counterparts, and such difficulties could easily transition into greater price uncertainty for global grains and oilseed markets during the next few seasons.Argentina's National Health Service and Food Quality (SENASA) reports that grain and oilseed product shipments in the first half of 2014 are down 33 percent year-on-year. Market participants are generally aware that there are several reasons for this reduction in the overall export pace. These include the Argentine government's own inability to approve exports, Argentine farmers' use of grains as a hedge against inflation, the weather that delayed harvest by more than a month and logistical...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
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.