Corn lineups are astonishing everyone in Argentina. More than 1.5 MMT were loaded in January, and close to 2 MMT are slated for February. March/April/May lineups will also be higher than expected as most exporters sold larger volumes than estimated. June onward, though, is another story. Grains Argentina is not accustomed to the level of trade that is the current norm. It used to be very easy to trade grains there (corn and wheat) as export margins were in the range of $20-80/MT due to government intervention. Now, however, the situation is totally different in an almost free market environment. With unlimited export licenses, exporters will have to conduct real trading in order generate profits as exclusively buying from farmers and sell...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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.