Today's USDA planted area report indicated U.S. farmers planted or intend to plant 85.139 million acres of soybeans, a greater number than USDA's Prospective Planting Report suggested but slightly less than the average of trade analysts' predictions. U.S. Soybean Planted Area above Market Expectations Today's USDA planted area report indicated U.S. farmers planted or intend to plant 85.139 million acres of soybeans, a greater number than USDA's Prospective Planting Report suggested but slightly less than the average of trade analysts' predictions, 85.171 million acres. That compares with 83.701 million acres last year and is also well above the 30 March USDA estimate of 84.635 million acres. USDA is forecasting the harvested area this yea...
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: 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...