Argentine Dryness an Increasing Concern The market is increasingly concerned about the ongoing dryness in Argentina and its possible impact on that country's 2013 soybean crop. A weather system that was expected to bring rain over the weekend did not do so, and the forecast for the next 10 days shows little chance of significant rainfall. Daily high temperatures are expected to be in the upper 80s and low 90s this week, except on Saturday when the high in Rosario is forecasted at 95 degrees Fahrenheit.After receiving excessive rainfall in November and December, Buenos Aires province saw only 30 percent of normal rainfall in January. Last month, rainfall also was below half of the average in the provinces of Santa Fe, Cordoba and Entre Ri...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.