USDA economists have warned that this year's presidential election in Argentina could trigger a sharp decline in soybean prices if it results in that country's farmers selling sizable quantities of their soybean stocks. China's Soybean Production to Continue Declining China's National Grain and Oils Information Center (CNGOIC) yesterday estimated the country's 2015 soybean crop at only 11 MMT, a 9.5 percent decrease from 2014 production. The CNGOIC forecast is below USDA's of 11.5 MMT and is based on a 10.3 percent drop in the area planted to soybeans. The official think tank says the reduction in soybean plantings is a result of farmers shifting more land to rice and corn crops. If the decrease does occur, it would be the fifth straight...
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.