In the most recent NASS Crop Progress report, soybean crop condition ratings rose slightly during the week ending 22 July. Those in the reporting states rated excellent increased to 18 percent from 16 percent the previous week, bringing the share in the good and excellent categories up to 70 percent from 69 percent the week prior. Despite declining from an early season high of 75, those combined categories remain near the upper end of the five-year range and well above the five-year average rating. Conditions improved in most of the 18 reporting states with the crop rating falling only in Michigan, Mississippi and Ohio. They were unchanged in Indiana, Tennessee and Wisconsin, but more than 80 percent of the crop was already rated good or e...
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.