USDA issued its major S&D crop forecast for the upcoming crop season at its annual Outlook Conference. Although generally bullish for corn and bearish for soybeans, with a modest shift in plantings from beans to corn, the report had minimal market impact except perhaps in long-dated new crop positions for corn. Buying from China has come to a halt due to the Lunar New Year celebration, and South America celebrates Carnival with crop updates paused. There was a new contract high in soyoil on biofuel prospects, but otherwise it was a stable, steady trading session. Reports Crop Production: USDA’s crop forecast for MY 2026/27 is bullish for corn and bearish for soybeans. Corn production and carryout will decline, wh...
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.