A few years of relatively high corn prices have encouraged farmers around the world to increase corn production and for a change it appears that reasonably good weather in most major corn producing regions will enable it to happen. In fact, world corn production for 2013/14 appears headed for an amazing rebound after a variety of weather woes including the major U.S. Corn Belt drought-plagued world corn production in 2012/13. In terms of perspective, it is worth reviewing the recent supply/demand history for world corn.It appears that 2013/14 will be a year of world corn records with the increasingly optimistic outlook for corn production in the northern hemisphere. USDA's projected harvested area of 176.5 million hectares would be...
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.