USDA’s July WASDE has grabbed only modest attention in recent years. However, circumstances have changed the intensity of interest as this year's edition comes out, and there are many questions.USDA’s July WASDE has grabbed only modest attention in recent years. [This year’s edition will be released 12 July at noon (EDT).] The projections contained for U.S. new crop corn and soybean production seldom change very much from the original numbers published in the May WASDE two months earlier, and they are overshadowed by the first actual production estimates based on surveys, test plots, etc. in the August issue. The July WASDE will have NASS’s third winter wheat production estimate for the 2017/18 crop cycle and first survey-based spring wheat...
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.