Estimates of what U.S. farmers might plant in 2017 are already emerging, although it is very early to play this game as the 2016 corn and soybean harvests are not yet complete. Nevertheless, there is a general theme.Estimates of what U.S. farmers might plant in 2017 are already emerging, although it is very early to play this game as the 2016 corn and soybean harvests are not yet complete. Nevertheless, analysts need something to think and write about during these periods when other, more exciting news is absent from the marketplace. The general theme seems to be that corn will lose acres, which soybeans will gain. A number of private analysts believe that such a shift could total as much as 3-4 million acres.The tables below are just a ver...
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...