While total available 2013/14 U.S. soybean supplies are about 225 million bushels greater than the 2012/13 total, all of the additional supplies are being absorbed by a commensurate increase in demand.It has been no surprise that 2013/14 U.S. soybean supplies would become very tight. Most market analysts were already predicting that this would be the case even before the 2013 soybean harvest began. Heavy demand for the previous year's soybean crop, which had been cut by the severe drought during the summer of 2012, drew ending 2012/13 U.S. ending soybean stocks down to 141 million bushels. This was barely enough to cover the transition from that crop year to the current one. There was no cushion in the 2012/13 soybean carryout to ease the p...
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.