Obviously, there are many factors to consider when putting together a supply, demand and ending stocks analysis for wheat, corn and soybeans. Supply and demand estimates require what we might call sub-estimates of demand for food use, crush, ethanol and biodiesel production, poultry and livestock feeding, and the like. Yet, the demand factor that always seems to capture the most attention and certainly the most publicity is exports. This is true even though the volumes consumed by the other domestic demand categories can be much greater than the volume of exports. This focus on exports is a common thread among grain and soy markets and those who try to analyze them.One reason for the market's concentration on exports may be that sales and...
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.
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...