World Perspectives
wheat

WASDE Wheat

The outlook for 2018/19 U.S. wheat in October is larger supplies, reduced domestic use, unchanged exports, and higher ending stocks. Wheat production is raised 7 million bushels to 1,884 million from the NASS Small Grains Summary, issued on September 28. Projected imports increased 5 million bushels to 140 million on higher than-expected imports of spring wheat and Durum in the first quarter (June-August). The farm price range is unchanged at the midpoint of $5.10 per bushel. Global 2018/19 wheat supplies are reduced, primarily on lower production forecasts for Australia and Russia. Global ending stocks are reduced 1.1 million tons to 260.2 million, down 5 percent from last year’s record.  ...

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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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