Corn The corn harvest is still moving at a slow pace as farmers are focused on soybeans. Farmers harvested 1.8 percent of the area last week (versus almost 10 percent of soybeans), a similar pace to that of the last few weeks. As soybean harvest is nearing the end, the speed of the corn harvest should increase in the coming weeks. Farmers are harvesting the early crop in the south and the first plots of late plated corn in northern areas. The number of corn trucks arriving at ports is averaging slightly below 2,000 per day. This, plus the stocks exporters have at the ports already, is allowing a good loading rate and the vessel lineup is slowly decreasing. During the first half of May, 1.7 MMT of corn was loaded with no big surpris...
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.