Argentina's biodiesel exports fell sharply in 2013 as a result of the anti-dumping duties imposed by the EU. In response, the Argentine government initiated several steps that appear to be paying off in a greater number of exports this year. South American Farmers May Reduce Soybean Plantings Next Season The major decline in soybean cash and futures prices in recent weeks has evidently been a shock to South American farmers. Those still holding unpriced soybeans have seen a major decline in their value. This particularly has been the case in Argentina where farmers still hold over 30 MMT of new crop soybeans in storage. Reports indicate they have largely stopped selling in hope prices will improve, or as a hedge against inflation.The like...
Key Takeaways: Milk alone has not covered the full economic cost in any year since 2021: milk revenue fell short by $4.50, $2.15, $6.50, $1.27 and $2.34 per hundredweight in 2021 through 2025. Calf and cattle prices decided whether dairies cleared cost: cattle and other income lifted total rev...
Key Takeaways: Dry bulk markets are mixed with Capesize rates seeing solid gains while Panamax values slipped on a growing tonnage list. Supramax and Handysize vessels were stronger, though all sectors remain vulnerable to the seasonal dip in rates through Q4 and into Q1. Falling water l...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
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.