The U.S. and the rest of the Northern Hemisphere are in the midst of the growing season for grain and oilseed crops, and we intently follow weather models and the latest forecasts. Weekly crop condition reports from USDA are studied and compared with past years for clues about U.S. production prospects, while crop tours (both formal and informal) are underway. Considerable attention is also paid to weather conditions and crop prospects in the Black Sea region as well as the rest of Europe since they have become important to word supply/demand balances and grain price values. Being involved in the grain business, we have witnessed more than a half century of growing seasons, including several as a farm owner. Each was unique in their time,...
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.