GOOD MORNING, Prices are mixed with rains in the eastern Corn Belt weighing on prices, and lower crude oil creating a buy meal/sell soyoil trade. Soyoil trades sharply lower on weaker palm and crude which impacts beans. Corn spreads are weaker while nearby bean spreads reach new highs. The Goldman roll continues to today for September contracts. The August 12 WASDE will be released at 11:00 central time. Look for more position - evening into that event. Advertised guesses for corn production is 15.0 bln bu, vs. 15.165 bln bu mo ago, and a yield at 177.6 bpa vs. 179.5 bpa. Advertised guesses for beans on Thursday are at 4.375 blnbu vs. 4.405 bln bu mo ago, and a yield of 50.4 bpa vs. 50.8 bpa...
What You Need to Know Today: The September Cattle on Feed report was strongly bullish, with both the 1 September on-feed inventory and August placements coming in well below average expectations and below the bottom of their respective pre-report estimate ranges. China continues to buy U...
USDA’s September cattle on feed report was released Friday, with the total number of cattle in feedlots with 1,000 head or more capacity amounting to 11.2 million head, 101 percent of last year. Placements dropped in August to their lowest total for the month since records began in 1996...
Key Takeaways: The U.S. herd is stabilizing, but growth remains modest. Total goat inventory rose 1 percent in 2026, while meat-goat numbers increased 2 percent, which is not enough to materially reduce import dependence. Domestic slaughter is rising from a low base. Commercial slaughter incre...
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.