World Perspectives
wheat

WASDE Wheat

USDA forecast higher domestic wheat use, unchanged exports, and lower ending stocks.  Feed and residual use is raised 25 million bushels to 125 million on lower-than-expected second-quarter stocks reported in today’s NASS Grain Stocks report.  Seed use is up 1 million bushels to 63 million, reflecting 2020/21 wheat planted area released today in the NASS Winter Wheat and Canola Seedings report. U.S. 2020/21 ending stocks are reduced 26 million bushels to 836 million, down 19 percent from last year.  The season-average farm price is raised $0.15 per bushel to $4.85. 2020/21 global wheat supplies are smaller as reductions in China and Argentina more than offset an increase for Russia.    ...

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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.

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