There are often days when prices for the grains and soybeans all move in the same direction, but we cannot recall one when closing price changes were as consistent as they were today. General Comments True to form for a Tuesday, grain and soybean futures prices turned around from yesterday’s multi-week lows to close higher today. It was not a major surge as the price gains were modest and surprisingly consistent across the board. Wheat, corn and soybeans all posted gains of 3.5-5.5 cents. Soyoil gained more than 50 points, while soymeal (the only loser today) slipped about $1.00. Volume was fair to moderate. There are often days when prices for the grains and soybeans all move in the same direction, but we cannot recall one when closing p...
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.