Bank liquidity issues and collapses remain at the forefront of the market’s collective mind with investors increasingly looking for safe-haven assets and “risk off” trades. That has exerted some influence on the ag markets, with livestock futures being the primary recipient of the punishing, risk-off trade. Grain futures have held up better than expected, possibly due to their perception as a hedge against macro-market declines and volatility. There was little fresh news specifically about ag commodities on Wednesday, except for another fresh round of corn sales to China, which left ag markets to trade their recent technical developments. For wheat and corn, that meant higher trade while soybeans and soymeal settled lower...
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.
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...