May 26 Corn closed at $4.5775/bushel, up $0.02 from yesterday's close. May 26 Wheat closed at $6.1625/bushel, up $0.0925 from yesterday's close. May 26 Soybeans closed at $11.71/bushel, up $0.1125 from yesterday's close. May 26 Soymeal closed at $316.4/short ton, up $1.5 from yesterday's close. May 26 Soyoil closed at 68.88 cents/lb up 0.41 cents from yesterday's close. Jun 26 Live Cattle closed at $243.275/cwt up $3.075 from yesterday's close. May 26 Feeder Cattle closed at $366.475/cwt up $5.15 from yesterday's close. Jun 26 Lean Hogs closed at $105.05/cwt down $0.825 from yesterday's close. May 26 WTI Crude Oil closed at $102.15/barrel down $0.73 from yesterday's close. ...
What You Need to Know Today: Attacks between the U.S. and Iran intensified overnight and the U.S. Central Command reported that the U.S. naval blockade against Iran will begin at 3:00 PM CDT Tuesday. President Trump said the Strait of Hormuz is open to all shipping traffic, except Iran. In an...
Beef packer margins improved to -$172/head last week, up $31 from the prior week as sharply lower fed cattle prices more than offset a seasonal decline in the Choice cutout. The cutout fell to $382/cwt while fed cattle prices dropped to $248/cwt, allowing packers to recover some of the margin c...
Key Takeaways: Aquaculture is becoming increasingly important in meeting global seafood demand, gaining market share as wild-caught fisheries face production limitations. Superior feed conversion efficiency gives aquaculture a competitive advantage over traditional livestock production, with l...
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.