Although Russia's current grain harvest lags behind the results of a year ago, Deputy Minister of Agriculture Sergey Levin announced today that the current forecast of 100 MMT may only be revised upward in the future. Russian Grain Markets Harvest Update As of 17 August 2015, 59 MMT of grains were harvested from 20.4 million hectares (43.4 percent of the target) compared with 62.1 MMT from 19.6 million hectares in 2014. This included 43 MMT of winter and spring wheat from 13.3 million hectares and 10.9 MMT of winter and spring barley from 4.4 million hectares. Additionally, 278,200 MT of rapeseed were harvested from 140,700 hectares. Planting Update Winter crops were planted on 321,500 hectares (1.9 percent of the target) as of 17 Augu...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.