World Perspectives

WPI Preliminary 2025 Acreage Forecasts

The polling for the 2024 U.S. Presidential election had significant forecast errors and history will likely judge the numbers as “wrong”. While it’s hard to argue against such judgement when the results proved a historic sweep for Trump versus predictions of a tight race, the pre-election polls must be judged with fairness to the inherent inaccuracies of forecasting future events. What does any of this have to do with acreage numbers, you ask? Only this, that following the election results, WPI offers our first forecast of 2025 U.S. crop plantings, which are likely to suffer from significant forecast errors, just like the election polls (though, hopefully, we are much closer to reality). Before delving into the details of WPI’ for...

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Jul 25 Corn closed at $4.545/bushel, up $0.07 from yesterday's close.  Jul 25 Wheat closed at $5.46/bushel, up $0.17 from yesterday's close.  Jul 25 Soybeans closed at $10.53/bushel, up $0.0225 from yesterday's close.  Jul 25 Soymeal closed at $292.6/short ton, up $1.5 from yeste...

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The CBOT turned higher on Tuesday with wheat leading the way. Wheat turned higher overnight and started the broader CBOT rally as traders are increasingly concerned about the Black Sea weather, and, to a lesser extent, the EU and U.S. forecasts as well. Too, wheat saw more action as it is where...

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Red Meat Exports

In Q1, U.S. pork exports to Mexico grew by 11 percent year-over-year according to the U.S. Meat Export Federation (USMEF). That’s despite U.S. exports hitting a record $2.6 billion in 2024. According to USMEF, pork consumption in the country has increased more than 50 percent over the las...

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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.

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