Soybeans are much cheaper to grow than corn, and input costs per acre will be a factor in many farmers’ planting decisions this spring when weather can also certainly play a role. There are also many different issues surrounding demand.The potential 2016/17 U.S. corn supply and demand outlook discussed in this past Monday’s report isn’t necessarily bearish, unless the 2016 yield sets another all-time record. However, the potential U.S. soybean outlook does look bearish into the next marketing year. It must be stressed that these are just very preliminary guesses/estimates that carry big assumptions regarding how many acres will be planted and what yields might be. The table below is a first look at some possibilities for soybeans’ in MY 201...
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.