The size and yield potential of the 2025 U.S. corn crop is of increasing debate and importance with the USDA’s September WASDE – and, more importantly, grain harvest – just around the corner. Much of the focus of recent discussions has been the impact of dryness across parts of the Midwest on final grain fill and yield potential. WPI has updated our yield forecasting models to include this latest weather development and offers our 2025 yield forecast below. The headline numbers from this assessment are that we expect final 2025 yields to fall modestly (1 BPA) from USDA’s August forecast. States with particularly large yield decreases from USDA’s August forecast are primarily in the Western Corn Belt, wher...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
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.