It is difficult to recall a growing season in the U.S. with as much uncertainty as in 2017. Meanwhile, one potential factor in determining how this year's corn and soybean crops turn out has not received much attention so far.It is 1 August and more than halfway through the growing season for the U.S. 2017 corn and soybean crops as well as the last month of their 2016/17 crop year. However, the looming end of that year has been totally upstaged by the various ups and downs of the growing season now underway. The current very large supplies of both corn and soybeans have removed any market stress sometimes associated with the last month of the crop year and turned it into more of an academic matter.The 2017 growing season has been a strange...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.