Most in the trade appear to have concluded that the lower soybean stocks noted in USDA's report on Tuesday indicate that it overestimated the size of last year's U.S. crop. However, there may be another reason why that number was smaller than the market expected. Another Increase is Forecast for Ukrainian Soybean Production and Exports Ukrainian Agriculture Minister Oleksiy Pavlenko predicts the country's 2015 soybean production will total a record-high 4.1 MMT in 2015. This compares with last year's 3.9 MMT and is below USDA's forecast of 4.4 MMT. He is also estimating Ukraine's 2015/16 soybean exports will reach 2.5 MMT against an expected 2014/15 total of 2.3 MMT. USDA is forecasting exports at 2 MMT in 2014/15 and 2.6 MMT in 201...
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.