Corn According to the Buenos Aires Grain Exchange, Argentina’s corn harvest reached 98.5 percent with a total collected volume of 49.5 MMT. This means the final production estimate will be 50-50.5 MMT, above the 48 MMT estimated a few weeks ago and close to the 51-MMT trade estimate. Upriver ports are flooded with corn as vessels continue to load below-normal volumes. Consequently, the vessel lineup at south ports is still big (1.1 MMT) with waiting times over 10 days. With port storage full, exporters are only receiving a small number of trucks per day and the volume is from old contracts. They are still not able buy with prompt discharge. Farmers are getting nervous as they need to deliver to receive revenue and avoid...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
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.