Dry Weather Also a Problem in Brazil and Argentina The U.S. soybean crop would appear to be shrinking every day that the hot, dry weather continues across the Midwest. However, the U.S. is not the only place where dry weather is a problem. Both Argentina and Brazil are now in the midst of droughts that may threaten their 2014 soybean crops.It is planting time for soybeans in the Cerrados Region of Brazil, but it is so dry that farmers are not yet able to prepare their fields and plant. The driest areas are in the states of Mato Grosso and Goias, but it is also dry in parts of Mato Grosso do Sul. Current forecasts suggest that it may be another three weeks or so before enough rainfall is received to begin soybean plantings. A year ago,...
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.
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...