It has been a strange 12 months for the soybean complex to say the least. The drought in Brazil and Argentina that stretched from December 2011 through February 2012 so sharply reduced soybean production that they were all but eliminated as a source of soybeans to China and the rest of the world market from June forward. World demand shifted to the U.S. as the only significant remaining source of soybeans. When the U.S. summer drought came along to threaten the soybean crop, soybean prices augured nearly straight up, followed more erratically by prices of soy products. Nevertheless, export demand principally from China remained strong, and the U.S. soybean supply and demand balance became very tight.In the market furor over soybeans and t...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
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.