Temperatures soared across the Northern Plains this past weekend and reached the 70s in many areas. The snow melt was rapid and rivers were rising quickly. Fargo, North Dakota was featured on almost every major news network and the Weather Channel because of the rising Red River. Contrary to what you might read elsewhere, there will be little problem with flooding across the Northern Plains this spring. The Red River will crest in a day or two at 37 feet (probably lower than that). This is a full 5-6 feet below some crest predictions made just 10 days ago. Flying out of Fargo today, there was no overland flooding taking place. Fields were black with little or no water standing. The crest will be very fast and waters will recede very quick...
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...