THE OPEN Jan beans: 11 lower Jan meal: 2.30 lower Jan soyoil: 60 lower March corn: 2 lower March wheat: 6 3/4 lower The market opened into weakness with more negative technical signals arising that led to a better round of long liquidation. Beans traded weaker than corn, as there have not been any signs of Chinese business. Rumors of cancellations are old news, but negative in terms of bean psychology. Macro markets leaned negative as well, with equities turning sharply lower and the US dollar trading to 2 ½-year lows. At 10:00 export inspections were released as follows: corn: 890,033 mt vs. 832,882 mt week ago (vs. an expected 850,000 mt) beans: 2,036,...
Congress is moving forward with its FY 2027 spending bills, while also still working to address FY 2026 funding for the Department of Homeland Security, which is still in a shutdown. The House Agriculture-FDA Appropriations Subcommittee marked up and passed its FY 2027 bill. The House bill prov...
Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisian researchers have been able to fully sequence the genomes of two local durum wheat types that have been grown in Tunisia for generations. They say that this “could be the key to developing more climate-resistant duru...
Update for 6 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where ob...
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.