Thoughts are quickly starting to shift toward the potential for 2017 acres and how that might translate into U.S. production and ending supplies in MY 2017/18. Thoughts are quickly starting to shift toward the potential for 2017 acres and how that might translate into U.S. production and ending supplies in MY 2017/18. This week Informa updated its guestimates, forecasting corn acres will drop to 90.1 million acres in 2017 from 94.3 million acres in 2016 and winter wheat acres will decline to 33.2 million acres from 36.1 million acres. It is also projecting soybean acres will increase to 88.9 million acres from 83.6 million this year. These numbers are mostly in line with those that WPI and many other analytical groups have been considering...
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.