It has often been said that "high prices are the best cure for high prices." We have used this old phrase more than once ourselves. The assumption is that high prices will curtail demand and increase supplies, thus curing high prices by driving them lower. The truth of this old saying as it applies to grain and soybeans has been sorely tested during the last two years. During that period we frequently have seen prices for corn, wheat, soybeans and soy products that appeared to qualify as "high" from a historical perspective. Crop growers certainly were encouraged to try to produce more supplies by increasing planted areas even though, as it turned out, their plans to increase production may have been frustrated by widespread adverse weath...
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.