Wheat Argentina’s wheat harvest recorded a week-on-week progress of 15.8 percentage points and reached 63.9 percent of the total area. Yields remain generally good and, in some cases, surpass initial expectations, prompting upward revisions to production estimates. The market projects 18–18.5 MMT, while the Rosario Grain Exchange estimates a 19.3 MMT crop, and the Buenos Aires Grain Exchange estimates 18.6 MMT.For example, the core region expects to harvest 4.8 MMT, representing a 60 percent increase compared to last year. However, this remains below the 6.9 MMT recorded in the 2019/20 season and the 7.8 MMT in 2021/22.Meanwhile, the flow of grain to ports remains steady. During the first week of the campaign, truck arrivals at the Gra...
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.