It was a very active night session with soymeal setting new highs in the July contract, trading $8-10 higher. That had soybean futures 12 cents higher with corn and wheat up 2-3 cents. The soybean/soymeal markets have been unstoppable. Markets were then strong at this morning’s opening. General Comments It was a very active night session with soymeal setting new highs in the July contract, trading $8-10 higher. That had soybean futures 12 cents higher with corn and wheat up 2-3 cents. The soybean/soymeal markets have been unstoppable. Markets were strong at this morning’s opening, but that strength dried up in wheat and new crop soybeans. Corn hung higher with meal.Outside markets finished their volatile week with strength in U.S. equity...
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.