The CBOT moved higher on Thursday after the weekly Export Sales report provided bullish demand-side inputs for the major commodities. Corn, wheat, soybeans, and soyoil futures all pushed higher for the day with export demand seeming to pick up and remain above expectations in the case of corn, soybeans, and soyoil. The Export Sales data offered hope that USDA will increase its export forecast for corn and possibly soybeans or wheat as well. This allowed funds to emerge as net buyers again, though their long risk-on efforts were most pronounced in wheat and corn with soybeans still stuck in their sideways trading range. The speculative activity in wheat was also notable given the recent contract lows and it seemed a good bit of “bargain buyi...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.