'Twas the day after Christmas (on 26 December 2003), and all through the markets it was anything but quiet during another shortened trading session. WPI's Mike Krueger observed that it "was an absolutely wild day in the soybean market." Meal was the "clear leader, closing $16.00/MT higher. The March soybean contract went from a low of $7.33 Wednesday morning following the mad cow announcement to a high today of $8.01 ... a $0.68 per bushel swing in less than six hours of trading."...
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...
Unlike the 2022 fertilizer shock, today’s disruption is rooted less in rerouted trade flows and more in damaged production capacity, raw material constraints and uncertain recovery timelines. That makes this a longer-duration risk for U.S. agricultural producers and retailers who must sec...
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.