USDA's April estimates of ending 2014/15 stocks, both for the U.S. and the world, probably command the greatest interest for grain traders and analysts.Each year, the April WASDE is notable mainly because it incorporates whatever changes in U.S. supply/demand balances are indicated by the quarterly stocks report as of 1 March, which USDA releases 10 day earlier. It also updates Southern Hemisphere production estimates, particularly for Brazilian and Argentine soybeans and corn. Since private analysts have had a great deal of time to parse the significance of the 1 March U.S. stocks numbers and a multitude of private crop watchers in Brazil and Argentina give out their own production estimates seemingly on a daily basis, market-moving surpri...
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.