The U.S. Grains Council just released its 2016/17 Corn Harvest Quality Report, and the analysis of the 2016 U.S. crop goes quite far toward explaining how it became so big and surprised such a large number of crop analysts.The 2016 U.S. corn crop was a record by every measure. USDA pegged the yield at an all-time high of 175.3 bushels/acre with total production at 15.226 billion bushels (386 MMT), which are simply incredible numbers. There were all sorts of discussions throughout the summer and into the actual harvest period regarding how the crop looked much better from the road than in the fields as well as about excessive ear tip-back, poor kernel set, shallow kernels, etc. The Pro Farmer tour highlighted many of those potential yield-ro...
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.