USDA estimates that the outlook for 2018/19 U.S. wheat is unchanged in the April WASDE. Total 2018/19 feed and residual use is lowered 10 million bushels to 70 million. Wheat exports are lowered 20 million bushels to 945 million on a continued sluggish export pace. There was a 31.5-million-bushel-increase in ending stocks to 1,087 million bushels. World 2018/19 wheat supplies are raised 2.1 million tons. Global production and exports are each reduced fractionally, but domestic consumption is lowered 2.9 million tons. With supplies increasing and total use declining, global ending stocks are raised 5.1 million tons to 275.6 million. ...
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.