The CBOT was mostly lower in lackluster trade Wednesday with soymeal, live cattle, and hogs seeing the only substantial gains. The general trend for the week seems to be that global grain and oilseed supplies will be more ample for 2023/24 than expected, which is weighing on futures. Grains were again on the defensive as more export competition from Russia and Ukraine pressured wheat values and as traders are increasingly looking for stronger U.S. corn yields this fall. Markets are also starting to consolidate before the 12 October WASDE report, which will keep volatility and price action muted going forward. With September – historically a poor month for stock market returns – in the rearview mirror, U.S. stocks tentatively pu...
What You Need to Know Today: End-of-month profit taking sent the CBOT broadly lower, though corn and soybeans managed to post small gains to continue their rallies. Turkey’s foreign ministry claimed to have a plan to ensure safe passage for both Ukrainian and Russian grain vessels via th...
Developer's Note 24 August 2026: WPI recently completed an exercise that updated the codebase for this app and solved some of the discrepancies between our five-year average calculation and USDA's. There are a few lingering cases where early (late) starts (finishes) to the crop cycle resu...
Key Takeaways: Corn and soybean prices rallied sharply last week as declining U.S. production expectations collided with strong demand, raising the prospect of tighter supplies and leaving the market with a smaller margin for further yield losses. The USDA’s lower August yield estimates...
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.