Ag commodity futures were firmer to end the week with traders looking ahead to challenging weather conditions across the Northern Hemisphere and South America over the coming three-day holiday weekend. Weather concerns for planting the 2024 U.S. crops are lingering despite strong progress to date as the forecast remains wet for much of the Midwest over the next 5-6 days. Additionally, the Black Sea is turning warm and dry heading into June, which will not help the frost-beleaguered crops. In response to this, Paris and U.S. wheat futures were mostly higher on Friday (the spot CBOT market being the lone exception) with KC futures hitting their highest price in eight months. Corn futures were higher amid views that the recent wheat/corn sprea...
What You Need to Know Today: U.S. equities declined sharply Thursday, reversing Wednesday’s post-election rally as investors continued selling technology stocks amid concerns that Democratic gains in the midterm elections could slow investment in artificial intelligence and data center d...
The Senate Agriculture Committee will undergo significant changes in the new Congress beginning in January 2027, including several major shifts in meat-producing states. The Democratic Party’s tsunami swept Senator Roger Marshall (R-Kansas) out of office, and out of the seat once held by...
What dairy breakeven looks like with and without the beef-on-dairy boom To put a dollar value on that question, this analysis removes the calf check from the USDA ledger and examines how many of the last five years would have reached breakeven without it. Key Takeaways: Milk and other income a...
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.