There has been a lot of attention focused on the possibility of Brazilian sugar ethanol entering the United States this year, but a quick read of USDA's October Sugar and Sweeteners report shows that we could have some homegrown sugar ethanol in the coming year.USDA increased its estimate of beet sugar production for FY 2012 by 75,000 ST and raw value (STRV) to 4.825 million STRV. With the early start to the sugar beet harvest in the Red River Valley and Michigan, sugar production in August amounted to a record high of 178,619 STRV. The amount of sugar produced from beets sliced in August 2012 exceeded the amount produced in August 2010 (the previous high) by 18 percent. That amount, plus a conservative September 2012 estimate of sugar fr...
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.