Everyone knew that USDA would release big corn and soybean yield and crop production estimates at their annual outlook conference this week — and that's exactly what they did. There is obviously no concern in their numbers that drought conditions which are still in place across all of the western Corn Belt might make it a challenge to attain numbers of this magnitude. Here are their numbers compared to actual 2012 results:There is no reason to argue about the planted acreage numbers used by the USDA. They are well within the expected ranges of most analysts. The question is whether or not you are willing to accept the premise that corn yields can rebound to within 1.4 bushels per acre of the all-time record, and if soybeans can establish...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
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.