July is corn's month because that's when pollination takes place. August is soybean's month because that's when blooming and pod setting take place. This year, soybean's month will really extend into the first half of September because much of the crop was planted so late. Soybean's Month Isn't Going So Well Weather-Wise As the three pictures below show, rainfall has been far below normal for the last 30 days, the drought area across the western Corn Belt has actually expanded over the same period and the extended forecast looks very dry across most of the Corn Belt.There appears to be another issue with the potential soybean yield, as we pointed out last Friday. That issue is the reduced number of pods per plant across much of the west...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.