There seems to be a common thread emerging among many people with vested interests in corn and soybean prices and what direction they take. Farmers, cash grain traders, futures market participants and even many users of grain and soybeans seem joined in the hope for a bullish August WASDE. Many crop scouts and market watchers are of the belief that U.S. corn production will reach or exceed 14 billion bushels and that soybean production will hit 3.8 billion bushels in 2014. Those opinions have undoubtedly been made stronger by this week's timely rains in the central U.S. and by forecasts for additional showers every few days throughout the balance of August. Temperatures are expected to remain average or below, which has been the pattern nea...
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.