Lanworth Reduces its Forecast for U.S. Soybean and Corn Production Lanworth, the crop forecaster subsidiary of Thomson Reuters, yesterday reduced its forecast for U.S. soybean production this year by 2 percent to 3.14 billion bushels (85.47 MMT) based on an average yield of 40.8 bushels/acre. It similarly lowered its forecast for U.S. corn production by 4 percent to 13.406 billion bushels (340.5 MMT) with an average yield of 152.4 bushels/acre.Lanworth said the reductions were based on the hot and dry conditions across the Midwest. I find it interesting that Lanworth and others have reduced their forecasts for U.S. soybean yields to close to that of last year when 58 percent of the crop this year is rated as good or excellent versus on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...
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.