As is usually the case at this point in the U.S. summer growing season and with USDA's June reports as well as the Fourth of July holiday now in the past, there are a number of not necessarily consistent factors swirling around to unsettle grain and soy markets.With USDA’s June acreage and quarterly stocks reports as well as the Fourth of July holiday now in the past, the nitty gritty of the U.S. summer growing season has begun. As is usually the case at this point, there are a number of not necessarily consistent factors swirling around to unsettle grain and soy markets. Following are a few of interest:Acreage: USDA’s June total planted acreage for the main field crops plus land still in the Conservation Reserve Program (CRP) total 342.1 m...
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...