GOOD MORNING, Prices started the night lower, but head into the close higher into today's important WASDE report, one that could determine trend over the next several weeks. Jan and Feb timeframes are typically negative for US markets as early harvest begins in Brazil, but this year La Nina pushes that timeframe back. Rains in South America pressured the market a bit, but this is all about positioning into the report. Funds stand heading into the report long an estimated 400K contracts of corn, 11K wheat, 175K beans, 100K soyoil, and 75K meal. Typically, when funds are all on one side of the market it spells trouble. The report and weather moving forward will determine whether the bull boat continues to float...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. 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.