Soybean Crop Condition Down Slightly, Still Good Yesterday's USDA crop progress and condition report indicated there was a 1 percent drop in the combined good and excellent categories for the current soybean crop. At the same time there was a 1 percent increase to 7 percent in the poor category. The report indicated 63 percent of the U.S. soybean crop is rated as good or excellent and only 9 percent is rated as poor or very poor. This compares with a year ago when only 29 percent of the crop was rated as good or excellent and 37 percent was rated as poor or very poor.The states with the poorest rated crop conditions are Arkansas, Kansas and Missouri. The states with the highest combined excellent and poor ratings are Kentucky (86 perce...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.