USDA will release a series of reports at 11 a.m. this Friday, 11 January that could have a major impact on markets' directions. These reports -- which include the quarterly stocks as of 1 December, final corn and soybean production estimates, U.S. winter wheat planted acreage and U.S. and world supply and demand revisions -- have been discussed for at least the last two months.As we have stated several times, the most important of these reports will be the 1 December quarterly stocks numbers, which must reflect the final production estimates plus consumption. It is simple. What was in the bins on 1 December 2012 is what we have to work with for remainder of this marketing year.The corn quarterly stocks number is certainly the most importa...
Key Takeaways: Brazil confirmed a Newcastle disease outbreak at a commercial turkey farm in Santa Catarina on 18 October, raising concerns about potential disruptions to poultry exports despite the outbreak being confined to a single facility thus far. Mexico and Malaysia have imposed nationwi...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
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.