News Updates SOUTH AFRICAN MAIZE DEFICIT: IS IT REAL? Recent shipments of corn from Romania to South Africa reportedly were needed to cover the latter's expected shortage of corn that was caused by very high exports in 2011. However, now we see that another 400,000 MT of South African maize from current stocks has been sold to Mexico, which makes us wonder how bad the deficit is. Perhaps this incident was more a case of selling to Mexico at an attractive price and then importing corn at a much lower price. Is there really a corn deficit in South Africa, or is this just an opportunity for profit? EBRD INVESTMENT Earlier in 2011, the European Bank for Reconstruction and Development (EBRD) said it would expand its program to include agricu...
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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.