Corn With the soybean harvest nearly finished (98 percent), Argentina’s corn harvest is moving faster now. The weekly progress was 8.4 percent, considerably higher than the 3.5 percent of the previous week. So far, 55 percent of the area has been harvested. The arrival of corn trucks to ports increased, but it seems like it should have been higher given the increased harvest pace. It seems many farmers are immediately storing the crop in silo bags. Despite this move, WPI expects the flow of trucks to ports to increase significantly this week. As harvest started moving South, there should be an increase in volume going to Necochea and Bahia Blanca ports, which will hopefully ease the vessel line up. Even so, the supply of corn...
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.