The current U.S. (and Canada) growing season has not been as perfect as in the past three or four years, and it is starting to look much like guts poker, a card game that requires a player to be either all in or all out.Guts poker is a card game that requires a player to be either all in or all out. The problem is that you must bet everything before being able to see all your cards. The current U.S. (and Canada) growing season has not been as perfect as in the past three or four years, and it is starting to look much like guts poker. The eastern Corn Belt was too wet and cool early. Now stands are questionable, and the crops there are behind normal in terms of development. Meanwhile, a large part of the western Corn Belt has been too hot an...
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.