Beef packer margins improved for the sixth straight week to put returns at their highest point in two years. The increase in margins came despite a pullback in beef values as packers were able to push fed cattle prices even lower and increase profits. The big concern for packers in the next 3-4...
The CBOT was mostly in the red to start the week with the bullishness from Friday’s WASDE report failing to trigger enthusiasm from bulls this week. Corn and soybeans both tried to rally and follow Friday’s bullish action, but quickly triggered farmer/hedge selling and profit taking...
The Federal Reserve’s Federal Open Market Committee (FOMC) will meet on Tuesday and Wednesday of this week with the make-up of the committee still up in the air. Governor Lisa Cook is questionable regarding her attendance after President Trump has sought her to ouster her on mortgage frau...
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.