USDA’s July estimate of U.S. hard red winter wheat production will likely be lower. We (and others) assume the Kansas harvested acreage number will be decreased. With that said, the drought-reduced southern Plains crop appears to be one of the best quality ones in a long time. Following two years of low protein and poor milling quality production, the 2018 crop is a clear winner. Test weights and protein content are high, and thousand-kernel counts are very high. Despite being small, those traits mean this crop is very desirable for blending the previous two years’ production, and it could actually result in more total usable supplies. The U.S. hard red spring wheat crop is heading under very good conditions. Based on those o...
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.