When Will New Soybean Yield Plateau Be Achieved? As someone who has been involved in the soybean sector for more than 30 years I have long been interested in the relatively slow growth in U.S. soybean yields. Clearly there has been yield growth, but it has been irregular owing to weather and other factors. In a few cases average yields increased sharply from one year to the next with inordinate new yield highs being reached in 1984, 1992 and 1994. The average national yield in 1994 reached 41.4 bushels/acre. That yield was not surpassed until 2004 when the national average yield reached 42.2 bushels/acre. However, the 2004 average yield exceeded in five of the following eight years with the all-time high set in 2009 at 44 bushels/acre...
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.