The first quarter (September-November) of the 2012/13 U.S. soybean year has flown by, and we are into the early weeks of the second quarter. That the first quarter was an exciting one for the soy complex markets is something of an understatement. The January soybean contract traded at a high of $17.60 on 5 September and a low of $13.73 on 16 November. A high-low spread of nearly $4.00 during the three-month time frame is one way to define excitement, not to mention market volatility. Simply put, soybean futures price action reflected a drought-induced drop of about 500 million bushels in expected U.S. soybean production from late June to early September, even as world soybean demand was pushed toward the U.S. as a result of severely droug...
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.