The rail strike appears to have been diverted. That is a relief to ag markets, and to the livestock, poultry and dairy sector – especially those segments that are out of position for feed supply and rely on regular deliveries, such as dairy in California where feed deliveries have gotten dangerously low already this year, cattle feeding in the southern Plains, and broiler production. According to the National Chicken Council (NCC), broiler growers receive about 27 million bushels of corn and 11 million bushels of soymeal via rail each week. Also, consider that somewhere between 65 to 70 percent of ethanol is shipped by rail; a shut down would have led to lower production of ethanol and DDGS for feeding. In the end, the k...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
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.