Lentils are now trading at record high prices with peas expected to follow. These high old crop prices and relatively strong new crop prices will have an impact on the number of pulse acres in western Canada as well as parts of Montana and North Dakota. The El Nino Winter The El Nino winter is in full bloom across the U.S. The eight-14-day temperature forecast map below shows the extent of the above-average temperatures that are expected into the early days of March:Temperatures across Kansas are forecast to be in the 60s-70s (F) over the next two weeks. Central Montana was in the upper 50s this week, which is amazing for the middle of February. The winter wheat crop is starting to green up, and area farmers in Montana say the frost is ou...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
What You Need to Know Today: Grain futures fell hard overnight after the USDA’s Crop Conditions report showed better-than-expected ratings for corn and soybeans, despite difficult weather last week. The Conditions report was even more bearish in light of meaningfully beneficial rains acr...
Key Takeaways: New Mexico’s Clean Transportation Fuel Program expands demand for low-carbon fuels and creates another market for renewable feedstocks, adding incremental pressure to already limited supplies of lower-carbon inputs. Growing competition for waste-based feedstocks such as an...
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.