The giant corn and soybean harvests looming coupled with unprofitable low prices are creating a marketing dilemma for Corn Belt farmers. They are searching for ways to market unsold bushels and still retain some method of getting any price appreciation if markets turn higher. This should be simple.Hard red winter wheat cash prices have dropped so low that there are now Loan Deficiency Payments (LDPs) of as much as $0.40/ bushel. The LDP is the calculation of the difference between the cash price and the USDA winter wheat loan rate. When the cash price drops below the loan rate, a producer can elect to take that price difference as a one-time payment. Doing so then makes the producer ineligible to take the actual loan on those bushels of whe...
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.