USDA released its April 2016 WASDE today. If anything, the report carried a slightly bearish tone. Despite this, markets traded strongly higher today, both before and after the report’s release on considerations that had little to do with it.USDA released its April 2016 WASDE today, and the changes made were generally small and about as expected. Nevertheless, every WASDE is important. USDA’s monthly estimates of crop production along with supply/demand estimates for the U.S. and the world as a whole as well as for important producing and consuming countries within world totals are unique. Knowledgeable observers are aware that these supply/demand estimates are moving targets subject to a wide variety of ever-changing factors, but they also...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.