There is little doubt now that the U.S. corn crop will be just a shadow of what was expected six weeks ago. The remaining question is just how much below USDA’s May estimates of production (15 billion bushels) and ending stocks (almost 2.5 billion bushels) will the final numbers be. Obviously, the markets did respond to the early corn planting issues and rallied significantly following USDA’s bearish May WASDE. Some analysts believe that rally was enough to factor in the loss of production, and this is where the debate has stalled. Next week’s June WASDE will likely not factor in much of the reductions in planted acres or yields for corn and soybeans. The next USDA acreage numbers will be released on 28 June, and surveys...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
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.