We’re half-way through the month of March, known as the ides of March on the ancient Roman calendar – marking the 74th day of the year and the traditional day in the Roman empire when debts were settled, and in 2021 America it’s the deadline to buy crop insurance (yesterday 15 March). It’s the mid-point between when the crop insurance prices are set on the first of the month, and when USDA releases its ending stocks report and planting intentions survey results on the last day of the month. Not to mention, March can be a wild weather month, so it is an intense time for planting acreage watchers to place their bets. USDA sets the crop insurance price guarantees based on the average settlement for Decembe...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
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.