It now appears a situation may be developing that will lead to much lower soybean prices in the future as global soybean production in 2014 might be 24 MMT greater than in 2013. Lower petroleum prices caused by rising global oil and gas production could be another factor. USDA Raises U.S. Soybean and Soymeal Exports and Argentina Soybean Crop USDA today raised its forecast for U.S. soybean exports by 25 million bushels to 1.475 billion bushels (40.14 MMT). It also increased its estimate for U.S. soybean crush by 5 million bushels to 1.69 billion bushels (45.99 MMT). As a result, USDA lowered its forecast for U.S. soybean ending stocks in 2013/14 to 150 million bushels (4.07 MMT). USDA's estimate for average soybeans prices in 2013/14 was...
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.