It has been reported that Russia is experiencing a shortage of soymeal that is likely to worsen in the future. This is a result of certain government actions as well as a failure of domestic soybean production to keep up with local demand. Brazil Soy Crop Forecasts Raised; Farmer Selling Slow Several analysts raised their forecasts this week for Brazil’s 2017 soybean crop. FC Stone International today estimated that production may reach 109.07 MMT (4.007 billion bushels), an increase of almost 5 MMT versus its previous forecast. It also noted that weather conditions have been nearly perfect in a large part of the planted area. Meanwhile, the consulting firm AgRural boosted its forecast yesterday to 107 MMT (3.931 billion bushels) fr...
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.