Historically small wheat acreage should result in sharply reduced production, which would seem likely to help lower burdensome wheat supplies for 2017/18. However, the outlook for shrinking the U.S. wheat surplus may not be as good as one might think.USDA’s estimates of U.S. stocks of grains and soybeans as of 1 September will be released 30 September. Its quarterly stocks estimates are always important because they provide a measure of the rate at which available supplies are being used up. The estimated stocks of U.S. corn and soybeans as of 1 September have the added importance of being the preceding crop year’s ending stocks, the statistical anchor for supply/demand analyses for the new crop year.Although subject to less attention, USDA...
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.