These estimates were basically all below the average trade guesses. The steep reductions in wheat and canola production were the result of the drought that plagued western Saskatchewan and all of Alberta.Stats Canada released its July production estimates this morning, the first official 2015 crop numbers. These are based on approximately 13,000 farmer surveys that were completed 22 July-3 August. The next production update will be on 17 September. The table below shows today's Stats Canada numbers compared with the record year of 2013 as well as 2014:These estimates were basically all below the average trade guesses. The steep reductions in wheat and canola production were the result of the drought that plagued western Saskatchewan and all...
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.