With USDA set to release the WASDE next Tuesday, 11 December, it's worth remembering that while the December supply and demand revisions typically do not show any signifcant changes, the WASDE is capable of providing a few suprises. WPI's Bob Kohlmeyer made some WASDE predictions in the Monday, 5 December 2005 issue of Ag Perspectives leading up to the report: We do not expect any surprises this time, but we do expect the December WASDE will set a bearish tone. After three months of the U.S. corn and soybean crop year, it has become clear that U.S. exports of each will not make USDA's November forecast of 2.0 billion bushels and 1.075 billion bushels, respectively. We expect USDA will reduce those numbers by at least 25 million bushels eac...
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.