USDA Estimates - U.S. wheat in 2020/21 will have reduced stocks. The 2020/21 U.S. wheat crop is projected at 1,866 million bushels, down 3 percent from last year as lower yields offsett higher harvested acreage. The all-wheat yield is projected at 49.5 bushels per acre, down 2.2 bushels from last year. Exports for 2020/21 are projected at 950 million bushels, down 20 million from the revised 2019/20 exports. Greater global 2020/21 export competition is expected for the United States as several major exporters have larger supplies. Argentina, Australia, Canada, and Russia are projected to have higher production for 2020/21. Australia is projected with the largest increase from last year to 24...
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.