2016/17 is shaping up to be a far different and better year for producers, handlers, transporters, processors and exporters of the major U.S. row crops than seemed possible six months ago.Views of potential U.S. and South American crop production in 2016 have been the principal driver of grain and soybean futures prices since last spring, although certainly not the only one. Assumptions that U.S. farmers would cut back on planted acreage sponsored a price rally that began in the early part of that season. Those two factors together pulled a number of commodity funds and hedge funds back into the grain and soy futures markets after many had exited following large losses in 2015. The price rally paused briefly when USDA’s initial March acreag...
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.