Today's extended weather maps and the pattern that is developing should impact talk of planting delays across the Corn Belt.Today's extended weather maps finally show a warmer and drier pattern developing across the eastern Corn Belt. In fact, nearly all of the U.S. agricultural production acres look warm and dry into mid-May. This is good news from a planting perspective. Soil temperatures will warm up, which will finally spur germination. It should also mean that any talk of planting delays across the Corn Belt will be relegated to the dust bin. Remember, American farmers are so over-mechanized that they can plant an incredible amount of acres in a day. There are some estimates that we could plant 10-15 percent of the corn crop per day if...
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.