This morning, Brazil's Conab revised its estimate of that country's 2013/14 corn production upward to 77.9 MMT, second only to last year's 81.5 MMT. Meanwhile, China is now refusing to accept any DDGS containing the MIR 162 genetic marker. General Comments The next big thing, USDA's June WASDE, will be released at 12:00 PM( EDT) tomorrow (Wednesday). Overall, expectations are for few major changes in the U.S. and world supply/demand outlooks. One might reasonably ask why USDA would make significant revisions to the U.S. 2013/14 or 2014/15 supply/demand balances ahead of 30 June's quarterly stocks and final planted acreage numbers for 2014/15. The quarterly stocks numbers provide a check on estimated U.S. 2013/14 supply/demand balance...
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.