Farmers are trapped in an uncomfortable dilemma. Selling the remaining old crop bushels or more unsold new crop production at current prices will generate losses even with potential record yields. Cash flow is where the problem lies.Chicago wheat fell to its lowest level in 10 years today, and. December corn set new contract lows. November soybean futures are still relatively strong, but they are well off their highs. Farmers are holding a great deal of old crop corn and just harvested a big wheat crop. Old crop soybean supplies are tight, but there could be a record soybean harvest just weeks away. Demand for soybeans and corn in MY 2016/17 will also reach records, but that can’t offset record production, at least not in front of the harve...
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.