The question now becomes, what will they do with this crop?Stats Canada's crop production update released on Wednesday of this week simply blew the wheat market away. The 2013 Canadian wheat crop didn't only set a new all-time record, it did so by more than 4 MMT. What is even more amazing is that all of that production increase came since Stats Canada's last estimate was released in October. The wheat harvest was essentially complete when that forecast was distributed, so it begs the question of how could they have missed that estimate by such an enormous margin? We shall never know. Some in Canada say that this survey of farmers was much larger than that in October when farmers were still busy and didn't have time to accurately report the...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...
Markets are getting into the Halloween spirit, handing out more tricks than treats. There has been some encouraging news, but it hasn’t been enough to slow the broader slide. Now buyers need to show up with something other than another “Charlie Brown” rock for the bag. Somethi...
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.