Wheat gained a couple of cents in overnight trading, while corn and soybeans were up by fractions. However, the tone was set for the day session, which did feature a move by wheat prices that qualified as dramatic in the current market environment. General Comments There was finally some movement in the futures market, although it was mainly limited to wheat. Prices were firmer during overnight trading but not dramatically so. Wheat gained a couple of cents, while corn and soybeans were up by fractions. However, the tone was set for the day session, which did feature a move by wheat prices that qualified as dramatic in the current market environment. Wheat continued to push higher by as much as 12 cents as trend-following funds moved to c...
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...
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.