Soybean Condition Declines, But Not as Much as Corn Yesterday's USDA report on the conditions of U.S. soybeans and corn indicated the condition of soybeans in the 18 states surveyed declined as expected. The share of soybeans rated as good or excellent fell from 40 percent to 34 percent, while the share rated as poor or very poor increased from 27 percent to 30 percent. In the last two weeks the share of soybeans rated as good or excellent has declined from 45 percent to 34 percent and the amount rated poor or very poor has fallen from 21 percent to 30 percent. A year ago, 64 percent of the soybeans in the surveyed states rated as good or excellent.As bad as soybeans are, the decline this week was not as severe as it was for corn. The sh...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...
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.