Aside from being the U.S. Independence Day holiday, the 4th of July is traditionally considered to be a key point in the development of spring-planted crops, especially corn. Normally, much of the Midwestern corn crop is headed toward its pollination stage later in the month, which ratchets up the importance of soil moisture, rainfall prospects and temperatures to ultimate yield potential. Crop analysts used to spend at least part of this holiday inside watching the Weather Channel on television. They can of course now watch weather radar maps and the latest forecasts on their smart phones while at the beach, a picnic, a ballgame or during the fireworks display. There is a potential weather story to be told on this year’s 4th of July...
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.