Corn As WPI readers are well aware, corn prices/basis have risen around the world due to strong demand, most notably Chinese purchases, and tightening supplies. During the past few days, however, world demand has slowed and premiums are reversing their higher trend. For South American origins, premiums seem to have collapsed in the past few days. In Argentina, November/December corn was offered at 175Z a few weeks ago with bids at 165Z. This week offers are at 155Z with no bids in sight. For Brazil, December corn was offered at 200Z and it was hard to imagine a downside, but now offers stand at 185Z versus bids at 165Z. Despite the 20-cent reduction in offer-side premiums, it seems that prices in Argentina did not fall as muc...
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.