With the November WASDE ahead and the midterm election behind us, we have had a few oddball and mostly unconnected thoughts that we will pass on for whatever they may be worth.Here we are, watching the U.S. soybean harvest wind down and the corn harvest approaching the 80 percent mark. On Monday (10 November), USDA/NASS will tell us just how big it believes these two crops really are. The October WASDE yield and production estimates more or less set the parameters for the new U.S. corn and soybean crops, and the November estimates do the fine-tuning. We and everyone else expect that the national average yield and production estimates will be adjusted higher, but how much so is the subject of speculation, although not quite at the same level...
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.