The message is that agricultural lenders are more than a little worried about the rapid and steep decline in prices as well as the resulting destruction to their clients' balance sheets and cash flow.The Big Iron Farm Show, one of the largest in the country, was held in Fargo this week. I participated in a panel discussion and spoke at an evening farm meeting that had more than 200 farmers in attendance. Two agricultural lenders from Farm Credit Services spoke just ahead of me. Their topic was "Financial Structure and Strategies for Lean Times." For me, it was deja vu all over again. I thought I was back in the 1980s.The message is that agricultural lenders are more than a little worried about the rapid and steep decline in prices and the r...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
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.