May 26 Corn closed at $4.4575/bushel, down $0.0275 from yesterday's close. May 26 Wheat closed at $5.7725/bushel, down $0.1425 from yesterday's close. May 26 Soybeans closed at $11.64/bushel, down $0.0675 from yesterday's close. May 26 Soymeal closed at $312.9/short ton, down $7.6 from yesterday's close. May 26 Soyoil closed at 62.74 cents/lb up 0.89 cents from yesterday's close. Apr 26 Live Cattle closed at $233.1/cwt up $0.875 from yesterday's close. Apr 26 Feeder Cattle closed at $353.325/cwt up $2.125 from yesterday's close. Apr 26 Lean Hogs closed at $95.575/cwt down $0.15 from yesterday's close. Apr 26 WTI Crude Oil closed at $71.69/barrel up $4.67 from yesterday's close. ...
What You Need to Know Today: Grain markets were sharply higher overnight and through the day session as the concerning wet weather pattern persists over the Midwest. Grain traders – and soybean market players in particular – will be closely parsing both what is said and unsaid from...
Key Takeaways: Higher interest rates increase the cost of financing agricultural production, reducing farm margins without providing any corresponding increase in production or revenue. The financial impact of higher rates varies considerably by operation, with highly leveraged producers and t...
Last week, the Senate Ag Committee passed the farm bill on a party-line vote upon the return of Senators Mitch McConnell (R-Kentucky) and Tommy Tuberville (R-Alabama), who missed the vote on 6 August (see WPI coverage here) when it failed by a similar party-line vote, 10-11. Democrats held the...
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.