World Perspectives
wheat

WASDE Wheat

November 2020/21 U.S. wheat is for stable supplies, higher domestic use, unchanged exports, and reduced ending stocks.  Domestic use is raised, primarily on higher food use, which is increased 5 million bushels to 965 million, up from 962 million for 2019/20.  This increase is based mainly on the NASS Flour Milling Products report, which indicated higher food use for the early part of the marketing year than previously estimated.  All wheat exports and imports are unchanged this month but there were offsetting by-class changes for both exports and imports.  Projected 2020/21 ending stocks are reduced 6 million bushels to 877 million, down 15 percent from last year.  The season-average farm price is unchanged at $4.7...

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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.

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