If trade between Russia and Ukraine is disrupted by the current situation, the oilseed most impacted will be soybeans. Oil World Reduces South American Soybean Production Forecast Oil World substantially reduced its forecast for the 2014 South American soybean production in its 28 February edition to 150.6 MMT from its 24 January published estimate of 158.8 MMT, a decrease of 8.2 MMT or 5.1 percent. It is now forecasting the Brazilian soybean crop at 84 MMT, down from its earlier estimate of 89.5 MMT, and credits the drought in Parana and excess rainfall in Mato Grosso for the reduction. Continued wet weather in Mato Grosso was insinuated as a possible reason for it to further decrease its forecast for this production.The Hamburg-based we...
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.