The Chinese government’s efforts to restrict canola imports from Australia and Canada may be of benefit to the EU if Ukrainian rapeseed exports decrease as forecast. South American Soybean Crop Forecast Increased Lanworth, a subsidiary of Thomson Reuters, yesterday raised its forecasts for soybean production in South America and now projects Brazil’s soybean crop at 104 MMT, an increase of 300,000 MT. It is boosting Argentina’s to 61 MMT with a range of 56.7-64.3 MMT and Paraguay’s to a record 9.7 MMT with a range of 9-10.3 MMT.FC Stone also increased its forecast yesterday for the 2016 Brazilian soybean crop from 98 MMT to 98.6 MMT. Informa raised its projection for that crop as well from 100.5 MMT to 101.3 MMT. However, it lowered its f...
What You Need to Know Today: Agricultural commodities were mostly lower on the day, with red-hot soyoil a notable exception. Export sales were a bit underwhelming, particularly for corn with export sales down 52 percent week-over-week. The weakness in ag markets tracked crude oil weakness wit...
With the war in Iran affecting fuel and fertilizer prices, higher tariffs, weak commodity prices, ag labor constraints, and other factors, farm bankruptcies are now at a 6-year high, a signal of growing stress. During the month of April, 62 Chapter 12 bankruptcies were filed, which is a 1...
Food Inflation The Open Markets Institute, which is notably funded by several “anonymous” donors and liberal foundations, obtained a guest editorial in the New York Times in which they blame agribusiness concentration for higher grocery prices. This is their schtick and it is politi...
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.