GOOD MORNING The markets are called steady but could remain well bid with a macro-risk on day on the outside that could spill-over into grains and soy. President Trump tweeted that the Phase One deal would be signed at the White House on Jan. 15. The Dow was higher overnight as other world markets continue to perform better off the hopes for continued trade talks between the US/China. Most are calling the markets steady, but think that soyoil will open higher following a correction on Tuesday, and a sharply higher palm oil market this morning. That price action should bring a bid to beans, which closed on a strong note last session. Wheat could generate a bid from a constructive chart as well, and a dece...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
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.