A survey of Ag Perspectives readers suggests the 2016 U.S. corn yield will exceed both 2014’s record and current USDA projections.What will the 2016 U.S. corn yield be? Many analysts, traders and crop forecasters across the world are attempting to answer this question right now. Weather and yield models are being built, run, adjusted and re-run, and the resulting projections are as plentiful as this year’s crop! World Perspectives took a different approach by asking our readers about their own private forecasts.Ag Perspectives readers are forecasting an average yield of 170.1 bushels/acre from a range of 165-173 bushels/acre; the majority (68 percent) pegs it at between 169 and 173 or higher. If realized, a yield of 170.1 bushels/acre would...
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: 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...