Cash prices for hard red spring wheat across the Dakotas and western Minnesota continue to press lower, and they are now down to $4.25-4.50/bushel for 14 percent protein content across most of the region. That is cheap by almost any measure. Not only have prices continued to collapse, weather hasn’t been cooperating either. It was another wet and cold weekend across most of the northern Plains this past weekend with blizzard warnings for much of the northern third of North Dakota Saturday and Sunday. Very little spring wheat has been planted yet, and the calendar will turn to May on Wednesday. There is now talk that farmers are starting to change their planting intentions, moving away from wheat toward corn and soybeans. The extent o...
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.
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...