Temperatures across most of Brazil’s major production regions soared late last week into the upper 90s°F. The producer there referenced in the 28 December analysis (see Brazil’s Soybean Production Falling), who indicated then that he thought production estimates would drop to 110 MMT due to the erratic rainfall and hot, dry conditions during the month, now believes the total could fall as low as 100 MMT. (Rainfall anomaly maps published here several times during January substantiate that rainfall totals throughout most of Brazil continued to be less than half of normal.) Many Brazilian farmers planted shorter-maturing soybean varieties, which got an early start under good conditions. The dryness, though, has curtailed the ma...
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.