Continued Dry Weather in Argentina and Southern Brazil If the farmers of southern Brazil and Argentina had been hoping the New Year would bring them needed rainfall, they are disappointed. Today's weather forecast calls for mainly dry weather and high temperatures for most of Argentina through Saturday. Daytime temperatures are expected to be 88-100 F (31-38 C). The dry weather already is doing real damage to the corn crop with reports of corn in Buenos Aires province and elsewhere being cut for silage or baled for cattle feed. It is still too early for the dryness to have a major impact on soybeans, but if there is no widespread rainfall soon, it will definitely begin to impact soybean yield potential.The outlook is also poor for rain i...
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.