Soy Export Sales Highlights Today’s USDA weekly export sales report indicated a total 1,561,000 MT of soybeans were sold to China last week. USDA also reported additional sales yesterday and today of 1,403,000 MT to that country, bringing the two-week total to 2.964 MMT. Trade sources suggest China will be making more purchases, most likely by Christmas, and note the total will be about 2 MMT. It therefore appears that China is on track to procure close to 5 MMT of U.S. soybeans. That was the lower end of the recommendation made to the Chinese government leadership, according to an article in the South China Morning Post. However, the sales may be even greater, possibly as much as the higher recommendation of 8 MMT. The Chinese purc...
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.
Markets are caught between reasons to keep selling and reasons to take another look. Fund liquidation and renewed peace talks are pressuring grains, while fresh export business and some diesel relief offer encouragement. Corn recovered nearly 10 cents from its low to finish higher, while soybea...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...