The CBOT was higher the day before the May WASDE with traders turning more bullish amid persistently challenging weather forecasts for the world’s major crop producers. Moreover, U.S. economic data sent funds looking for assets in which to hedge inflation risks, which meant an inflow of speculative money for the CBOT. Funds were modest net buyers for the day but overall volume was low, as is usually expected the day before the WASDE. The U.S. inflation rate, as measured by the Consumer Price Index, rose 8.3 percent in April, which was down 0.2 percent from March’s rate but still the highest inflation rate since the 1980s. Notably, food inflation rose to 9.4 percent – the highest level since April 1981. Rising food c...
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.
There are plenty of major headlines moving across the markets today, but the reaction beneath them remains cautious. Crude oil is holding steady despite reports of progress involving the Strait of Hormuz, corn and soybeans remain tied to changing weather forecasts, and wheat continues to weigh...
Key Takeaways: Sugarcane is the world’s largest crop by total production volume, surpassing major commodities such as corn, wheat, and soybeans, and supplies roughly 80 percent of global sugar production. Sugarcane’s perennial growth cycle allows farmers to harvest multiple crops f...
Russian Grain Markets: 27–31 July 2026 Russian grain prices declined sharply during the week under review as new-crop supplies entered the market and demand weakened. Corn and barley prices declined, while both milling and feed wheat and rye experienced larger losses. The harvest campaign...