USDA will release the December WASDE next Tuesday, 11 December. This will be the last WASDE scheduled to be released at the traditional 8:30 a.m. ET. Starting in January, NASS and the World Agricultural Outlook Board (WAOB) will commence releasing all important statistical reports related to crops at 12:00 p.m. (noon) ET. These include NASS's reports on planting intentions, crop production and grain stocks plus the monthly WASDE prepared by the WAOB. The release time for livestock reports will remain at 3:00 p.m. ET.When the CME Group extended Globex electronic trading of its grain and soy complex futures contracts to 21 hours each trading day, it meant that the futures market would be actively trading when USDA reports with the potential...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.