The CBOT continued its mostly range-bound trading affair on Wednesday with the ag markets seeing little fresh news to drive price action one way or another. Wheat futures hit new contract lows but recovered from that selloff to end slightly higher, though the market seems committed to staying near current levels. That statement could also be made of the soybean and corn markets where low-volatility trade has taken over since the Thanksgiving holiday. Traders seem to have become resigned to sideways trade heading into next week’s WASDE report and may have to continue that pattern into the holidays as the December report seldom offers big surprises. The most interesting price action right now is in the livestock markets where hogs look to be...
There was heavy volume exiting soybeans, which dragged down the broader market today. The lack of a specific Chinese buying commitment for soybeans undermined speculators who had placed bets on state-directed trade. But even the Chinese do not totally ignore market fundamentals. They may still...
On Tuesday, 12 May, WPI reported on an Executive Order being prepared by the Trump Administration to suspend tariff rate quotas (TRQs) on beef from all exporters for 200 days as a means of addressing high beef prices in the United States. After considerable pushback from cattle producer groups,...
WPI has officially launched Transportation Perspectives as a standalone weekly report separate from our Ag Perspectives articles and analysis. Current Ag Perspectives subscribers will have gratis access to the report through 16 April 2026. Please email us or subscribe online after this date to...
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.