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feed-grains soy-oilseeds wheat

Market Commentary

USDA’s annual Agricultural Outlook Forum opened its two-day run this morning. “Growing Locally, Selling Globally” is the 2019 theme. USDA Chief Economist Robert Johansson presented the 2019 projections for grains, oilseeds, planted area and farm income. USDA foresees net farm income for 2018 falling to $66 billion, down 28 percent from the 10-year average with the trade disputes one of the negative factors. Farm debt-to-asset ratio should remain around 13.5 percent, which is well below the levels during the mid-1980s farm crisis, but farm debt is rising. Farmland values and cash rents are surprisingly stable despite the low crop prices and gloomy farm income prospects, but farm bankruptcies are on the rise. U.S. farmers a...

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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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