The CBOT rallied on Friday with soybeans and soyoil posting fresh contract highs while corn futures came within 3¾ cents of their contract high. Even wheat got in on the bullish action, with a flurry of international purchases outweighing the recent thaw in Russia/Ukraine/NATO tensions. Soybeans were the upside leader with USDA confirming that China and Mexico continue to book the U.S. oilseed amid declining South American crop prospects. Chinese crushers were reportedly short-bought heading into next week’s Lunar New Year holiday and have been aggressively trying to fill those needs. U.S. cash corn and soybean prices are rising amid a surge in export demand and logistical difficulties brought on by cold winter weather...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
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.