World Perspectives
wheat

Weather and Wheat

Wheat prices are now back to the level that the world’s buyers should seriously consider adding to their volume of inventories and long-term coverage. However, there are the beginnings of a few weather issues that could start to put a bottom in the wheat markets.Wheat futures prices have slumped again and lost 45 cents a bushel ($16.50/MT) since their last high was achieved on 7 October. The Chicago December contract established its low point at $4.63 on 4 September. We are now back to within 20 cents a bushel to the lows set in late June 2010. The price collapse ended very quickly when the late season drought in Russia forced the country to suspend wheat exports. That boosted Chicago wheat futures prices from $4.55 to $8.41 a bushel in les...

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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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