The daily trading ranges were just 3 cents for corn and 6-7 cents for both wheat and soybeans. In closing mostly a bit lower, grains and soybeans joined with a number of other commodities that also did the same. General Comments Grain and soy futures markets closed mixed but mostly a little lower in dull, low volume trade. We hesitate to call it a “Turnaround Tuesday” because that might imply greater price movement and more excitement than was actually the case today. The daily trading ranges were just 3 cents for corn and 6-7 cents for both wheat and soybeans. In closing mostly a bit lower, grains and soybeans joined with a number of other commodities that also did the same. Financial markets and U.S. stock indexes were mixed and little...
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.