The spring wheat harvest is quickly winding down, and a large farmer from eastern Montana recently sent some comments about his crop and what he (and his neighbors) are thinking these days.The spring wheat harvest is quickly winding down. Last Monday’s weekly crop progress report showed it was 40 percent complete compared with the five-year average for this date of 35 percent. Montana was 39 percent finished with North Dakota and South Dakota at 36 percent and 37 percent, respectively. Wet weather this past week hampered the harvest in central and eastern North Dakota as well as western Minnesota.Following are some general observations regarding the hard red spring wheat crop that are based on farmer reports as well as actual grain inspecti...
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...