A month ago, official sources forecasted Argentine wheat production at 8.8 MMT. Just several weeks ago, an official estimated that wheat exports would be close to 3.5 MMT. Major contradictions are occurring. Farming in Argentina In several of the past reports, it was mentioned that Argentine farmers were expected to switch acreage from corn to soybeans due to higher input costs for corn, planting delays due to adverse weather and gross margins in favor of soybeans. This was confirmed when the Buenos Aires Grain Exchange reduced its estimate for corn area by 160,000 hectares (from 3.46 to 3.3 million hectares) and increased the beans area (from 20.2 to 20.45 million hectares). These numbers represent about a 10 percent corn reduction...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
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.