Most analysts considered last week’s USDA reports to be at least somewhat positive for prices. Ending stocks of wheat, corn and soybeans are now projected to decline in MY 2018/19, both in the U.S. and the world. Corn will see the greatest decrease, primarily because of the sharp drop in China’s supplies. Smaller crops in Brazil and the U.S. are also part of this price-friendly outlook. The Northern Hemisphere growing season is just beginning, but it’s already safe to say that the overall weather outlook almost everywhere is just not as perfect as it’s been for several consecutive years. USDA used big yield estimates in the latest WASDE. If actual yields don’t achieve those levels, ending supplies will b...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
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.