Corn After a few months of drought putting a check on Argentine corn production, the weather pattern has consistently shifted towards more favorable patterns since 2020 started. Additionally, good rains in January and early February further helped. Presently, 90 percent of the corn crop has optimal moisture conditions and 97 percent is rated fair/excellent. Planting has advanced to 98 percent of the expected area. With weather patterns normalizing, there is no reason to anticipate a crop less than 49-50 MMT. As harvest nears and shipment periods for new crop corn inch closer, the market is becoming more interesting. There are interested volumes moving in the FAS market with prices similar to the past few weeks ($145/MT for Mar...
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.