The Argentine soybean market was active this week with trades for April-July at levels of 6 SN for April and May, 10 SN for June and 14 for July FOB. At this time, trades are estimated at 5-5.5 MMT, while farmers haven’t sold more than 5 MMT to the export sector from the 2016 crop of 58 MMT. Soybeans Brazil has already harvested more than 33 percent of the crop with good yields being confirmed. It is clear that there are plenty of beans in the market, and farmers are generally not selling any stocks at this time. It is estimated that they have already sold approximately 60 percent of production.February exports should be close to 4 MMT, although the final volume is still being determined. It is estimated that around 3.4 MMT of this went t...
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.