Canadian Farmers to Plant Less Canola, More Soybeans and Flax Statistics Canada today released its survey of the planting intentions of Canada's farmers. The survey conducted 27 May – 10 June found that farmers intend to plant 8.5 percent less canola this year than last year while increasing their plantings of soybeans and flaxseed at 10.5 percent and 15.8 percent respectively. Based on the survey, the agency indicated the country's canola plantings this year will decline to 19.738 million acres from 21.531 million acres last year. However, plantings will still exceed the 18.99 million acres planted in 2011.The survey found Canada's soybean plantings this year will reach 4.589 million acres versus 4.153 million acres in 2012 and 3.852 mi...
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.