Follow-through from Tuesday’s rally sent grain and soybean prices higher overnight in moderate volume. Word late Tuesday that U.S. Treasury Secretary Mnuchin, possibly accompanied by U.S. Trade Representative Lighthizer, would go to Beijing to discuss economic and trade issues was taken as a sign that the U.S. and China were willing to step back from the budding tariff war. High-level discussions suggest that at the very least, the imposition of the next round of U.S. tariffs and China’s response, including a 25 percent tariff on U.S. soybeans, might be delayed. This optimism about the trade dispute sent soybeans to double-digit gains during the day session. Soymeal futures were up as much as $8.00. Both beans and meal were sup...
Eid Al-Adha will be celebrated in the Muslim world from 27 to 30 May 2026. The actual dates vary by country. Governments, banks and businesses will all be closed during this period. Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s government reports tha...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
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.