Dec 26 Corn closed at $5.4075/bushel, down $0.0275 from yesterday's close. Dec 26 Wheat closed at $7.5425/bushel, down $0.1975 from yesterday's close. Nov 26 Soybeans closed at $13.1625/bushel, up $0.06 from yesterday's close. Dec 26 Soymeal closed at $355.5/short ton, up $5.9 from yesterday's close. Dec 26 Soyoil closed at 70.04 cents/lb down 0.92 cents from yesterday's close. Oct 26 Live Cattle closed at $214.3/cwt up $4.125 from yesterday's close. Oct 26 Feeder Cattle closed at $321.1/cwt up $6.725 from yesterday's close. Oct 26 Lean Hogs closed at $83.45/cwt down $0.325 from yesterday's close. Oct 26 WTI Crude Oil closed at $91.78/barrel up $0.77 from yesterday's close. ...
Key Takeaways: CHS and OCP plan to invest up to $450 million in a Louisiana phosphate fertilizer facility capable of producing more than 1 MMT annually, marking the first new U.S. plant of its kind in more than 40 years. The facility could reduce U.S. dependence on imported finished phosphate...
A Small Industry Tied to a Global Benchmark The U.S. wool industry is small by global standards but heavily export-dependent, with roughly 60 percent of U.S. wool leaving the country each year. Australia, by contrast, dominates world wool trade. Because the U.S. lacks a deep domestic auction ma...
Energy: Risk Over Rules Fighting between the United States and Iran over control of the Strait of Hormuz escalated overnight. Tehran accused U.S. forces of striking a residential area after U.S. Central Command said its second round of attacks in three days targeted Iranian radar systems and mi...
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.