Wheat quality has been an issue in Argentina for many years, spanning the entire supply chain. One problem is that many farmers don't know the quality of their stocks, so they consequently deliver very good wheat for cheap prices. To remedy the situation, the government will provide a certain service.Note: Due to technical difficulties, the section on soybeans was not received today. However, an update is expected for next week’s report. Wheat Wheat quality has been an issue in Argentina for many years, spanning the entire supply chain from farmers to the FOB market to local millers. The situation has intensified in the past four-five years as government interventions and export taxes created very low local prices, which obligated farmers...
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.
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...