Tomorrow's release of USDA's quarterly stocks estimates will provide some fresh fodder for the grain and soy markets, which are eager for news even in the midst of harvest.Tomorrow (Wednesday) USDA will release its quarterly estimates of U.S. grain and soybean stocks as of 1 September. It will provide some fresh fodder for those markets, which are eager for news even in the midst of harvest. Whether or not USDA's stocks estimates will provide them with the price direction they have been seeking is another question.We have commented before about the lack of pre-report market tension leading up to tomorrow's release. During recent years when the relationship between supplies and demand for grain and/or soybeans were relatively tighter than th...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.