The CBOT largely continued its prior trends on Tuesday with soybeans adding to Monday’s rally despite a pullback in soyoil. Corn chopped sideways again and stayed within the range that has defined its trade for the past thirteen trading days. SRW wheat bounced higher as funds took a brief break from selling but U.S. HRW wheat’s lack of competitiveness on the world market kept KCBT futures on the defensive. Fresh news was somewhat lacking on Tuesday, which is notable given that the day before EIA Renewable Fuel Standards (RFS) volume obligation release dates usually feature leaks and rumors. The EIA will issue its RFS volume obligations as per a court order on Wednesday and the lack chatter or leaks suggests substantial changes a...
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.