The CBOT posted interesting developments on Friday, even while the March WASDE report failed to offer the same intrigue. The USDA’s latest look at U.S. and world supply and demand fundamentals was largely a “steady as she goes” affair with few significant changes. Despite the lack of fundamental input, however, the CBOT posted interesting technical developments. Corn, soybeans, and wheat all turned higher in technical trade that carried them above key technical resistance points, including in the case of soybeans, long-term trendline resistance. The day’s strength followed a similar day on Thursday that left most grain and oilseed markets with bullish weekly chart developments too. One gets the sense that grain marke...
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.