The CBOT was sharply lower on Tuesday with any attempt at a rally quickly finding eager and sustained selling pressure. There was no real fundamental catalyst for the day’s selling from an agricultural perspective, rather the day’s weakness stemmed from widespread risk-off trade amid turbulent macro markets as investors and funds sought to reduce risk exposure. The fact that wheat and corn have been in bearish trends for the last few weeks didn’t help support markets either. All in all, it was one of those days where crop fundamentals didn’t matter as much as traders’ risk preferences and position adjustments. The U.S. Federal Reserve is expected to raise interest rates 25 bps in its Wednesday meeting wi...
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.