The potential for unforeseen internal and external influences to move prices in either direction, short-term and/or long-term, remains at least as large as ever.As the calendar has flipped its pages into late April, grain and soy markets have begun to struggle a bit. This is not surprising. Old crop and new crop corn futures have both been flirting with $5.00, and July corn is holding only a modest premium of 4 cents or less over December corn. Old crop soybean futures have been playing around the $15.00 mark, and the July/November soybean inverse has become historically wide at near $2.70. Those are pretty heady numbers, especially as we move toward the heart of the U.S. spring planting season. It cannot be surprising that daily doses of s...
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...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
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.