Reports out of Argentina indicate farmers there are having a real problem securing financing to put in their next crop, and their failure to honor the royalty rights of seed companies by planting saved or black market seed will ultimately cost them in reduced access to new genetics. Credit Squeeze Drives Argentine Farmers to Plant Saved or Bootleg Soy Seed Reports out of Argentina indicate farmers there are having a real problem securing financing to put in their next crop. Even if they can obtain funds, the interest rate is very high due to inflation rates and the risk of a major devaluation. Farmers need the financing now because they will begin planting their summer crops next month. Those buying seeds are insisting that they should no...
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.
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...