Big Soy Crop for the U.S. But Perhaps Not Brazil The Pro Farmer crop tour across the Midwest ends today. If participants’ findings are correct, the U.S. is almost certain to harvest a record soybean crop with even the record yield of 52 bushels acre possibly surpassed. The only areas where the crop tour found somewhat disappointing soybean fields were in southern Iowa and southern Minnesota. The problem has been drought in the former and too much rain in the latter. Missouri and Kansas were not part of the crop tour, but both are likely to have smaller-than-average crops also because of drought. Meanwhile, Nebraska, South Dakota, Ohio, Indiana and Illinois may have record soybean yields this year, and Iowa may be close to a record...
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.