It is no longer profitable to plant corn with prices less than $3.00 a bushel across the northern Corn Belt, and we could be on the cusp of a significant acreage shift in 2015. It was notable that reports from Brazil this week indicated the country's farmers will likely reduce corn plantings by as much as 10 percent this season.It's been a relatively quiet week in the trade with little to talk about except the results of the Pro Farmer Crop Tour across the Corn Belt. Those results didn't surprise anyone either with rather superb crop expectations. My personal crop tour consisted of flying from Fargo to Atlanta on a clear day this week. The entire U.S. that I flew over looked lush even from 35,000 feet. There are, however, a few things to co...
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.