The Market This was the third week in a row for March soybeans taking a loss and prices are down at six-month lows. Ample rains in central Brazil are bringing help to pod setting at the same time the strong dollar makes U.S. beans more expensive. For the week, the March soybean contract lost 41.75 cents (-3.2 percent) and is now valued at 1256.25/bushel, March soymeal lost $15.10 (-4.3 percent) and is worth 369.4/ST – a two month low, and March soyoil gave up 0.53₵ (-1.1 percent) and ends the week valued at 47.63/pound. Soybean prices are now toying with major support at 1250 but if new demand is sparked, it could push back up toward 1282-1285/bushel. Canola and palm oil are sinking along with competing vegetable oils. ...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
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.