Soybeans Gaining on Corn in Battle for Acres The assumption by most analysts this winter has been that corn would gain a lot of planted area in 2012 while soybeans would lose acres. However, the drought in South America and weak domestic corn demand has caused the market to shift in a direction that is more favorable to soybeans. Yesterday the new crop soybean-corn futures price ratio closed at 2.3 and it may rise even more in the next few days. With many analysts now saying a 2.2 price ratio is neutral for corn and soybean plantings, the recent rise in the ratio is shifting the profitability advantage toward soybeans. USDA acknowledged this last week when it raised its forecast for U.S. soybean plantings in 2012 from 74 million acres to...
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is the largest importer of Brazilian maize in the first six months of 2026. Egypt imported about 28.4 percent of maize exports, or about 1.7 million MT. Iran was the third-largest importer at 14.5 percent, or 900,000 MT, fol...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...
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.