The Environmental Defense Fund announced that Kansas faces more severe weather in the coming decades due to climate change, and it will have significant negative impacts on farm productivity and profitability. The study says that over the past four decades, for every 1°C of warming gross, Kansas farm income declined by 7 percent, and net farm income decreased by 66 percent. This may all be true but Kansas has never been a completely hospitable place as it experiences both polar plunges from the north in winter, and hot arid summers rising up from Texas. It was significantly impacted by the Dust Bowl days of the 1930’s. A larger concern is the increased production of water hungry crops like corn and soybeans, and the drawdown of t...
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.
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...