The first week of June is usually when grain and soy markets shift their attention to the growing of U.S. spring-sown crops, a transition that has been tumultuous so far this year.The first week of June is usually considered a period of transition for grain and soy markets. It is that time when market attention shifts from the planting of U.S. spring-sown crops to their growth. Specifically, the new corn, soybean and spring wheat crops have now been planted (or nearly so), and a large majority have emerged to start the ageless process toward maturity. The degree of tranquility surrounding this transition is normally determined by current weather conditions and those forecast for the future. There is always some degree of uncertainty involve...
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: 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...