With the Tuesday release of USDA's planting intention numbers, the large disparities between the corn quarterly stocks numbers and the trade guesses over the past several years do give us pause to reflect on the unexpected.There is an old saying that "it's all over but the shouting." That will finally be the case by noon next Tuesday after USDA's planting intentions numbers finally hit the market. We use the word finally not because the report is late, but because it's about the only thing the market has had to think and worry about for a long time. Weather in South America wasn't perfect, although it was good enough to result in record production. It was spotty and very dry last fall across the world's major wheat regions with a number of...
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.