Trade uncertainties continued to weigh on corn and soybeans while weak cash prices pull cattle futures lower. The news today is the lack of news from the ongoing U.S.-China trade meetings here in Washington. In agribusiness news, Bartlett Grain announced it will merge with the logistics provider Savage Companies. Bartlett’s cattle feeding business is not part of the merger, according to Savage, leaving Bartlett looking for a buyer. Elsewhere, ADM announced it had a “fantastic April” and is optimistic it can mange through the volatility of the U.S.-China situation. Additionally, the company said it sees growing opportunities for U.S. ethanol in China that could drive ethanol margins higher. U.S. equitie...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.