There was heavy selling pressure across the soy complex today. Much of that was based on the assumption that there will be some hedge selling ahead of the first harvest weekend for soybeans. General Comments Markets were mixed, but they mostly traded near unchanged overnight. However, the soy complex turned weak when markets reopened. This could arguably be the first big soybean harvest weekend, and we suspect some of today's selling was in anticipation of a little pre-hedging. In fact, the extended weather forecast looks warm and dry for most of the U.S. Corn Belt and northern Plains. That will mean a quick start to both the soybean and corn harvests. Wheat, on the other hand, actually demonstrated a little independent strength with corn...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.