Approximately 15 percent of Bulgaria's intended wheat acreage could not be planted due to excessive rains, and the 2015 crop will be 4 MMT at best (versus 4.9 MMT in 2014) without any additional weather problems until the harvest. Milling Wheat The Black Sea market is about $5 weaker versus a week ago due to the absence of buying interest. Consumers in Africa and the Middle East, the major destinations, seem to be well covered for the next two months. Russian wheat sellers are asking very high carries for February and March, which consumers are unwilling to pay. The weather in Russia and Ukraine is generally favorable for the winter wheat with a slight increase in precipitation since last week. However, the wheat is still vulnerable...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.