From 2013/14 through 2015/16, the world produced three record wheat crops in a row. 2016/17 production is unlikely to reach the level of 2015/16’s record 733 MMT, but it will be quite large nonetheless.USDA will release its May WASDE on 10 May. This issue is always notable because it contains USDA’s first projections for the forthcoming new crop year based on some of the conditions that will actually affect new crop supplies and demand. Its forecasts such as those made in conjunction with its late February Outlook Forum are derived from statistical trends and other factors months before the first new wheat crops are harvested and spring seeded crops are planted in the Northern Hemisphere. The May WASDE will also contain USDA’s first survey-...
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.