WheatOver the past seven days, the lack of rain allowed a 12.2-percentage-point increase in Argentina’s wheat harvest progress, which reached 76.1 percent of the area. Harvesting activities have focused on central and western Buenos Aires Province. Meanwhile, wheat commercialization and truck arrivals at ports have risen.Globally, 6.8 MMT of wheat has been traded, with more than 80 percent purchased by exporters and the remainder by millers. This volume represents over 39 percent of the expected production. From 1–18 December, farmers sold nearly 1.5 MMT, with 80 percent of the sales at fixed prices. This trend suggests farmers are selling wheat to obtain cash and pay off debts. In November, farmers sold a slightly larger total volume, thou...
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.