Regional News Global commodity markets are reacting to weekend news of the coronavirus’ spread to countries in the Middle East and Europe, as well as within China and other Asian nations. Concerns about the impact to global demand are resurging and the trade is adopting a “risk off” mentality. That backdrop is profoundly coloring the European grain and oilseed markets this week and most commodities are posting strong losses compared to the prior week. Black Sea winter crops have little to no snow cover presently due to abnormally warm temperatures in recent weeks. The lack of snow cover is not an issue if temperatures continue to trend warmer, but a sudden frost/freeze would be highly damaging. Presently, the crops...
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.
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...