Wheat: Net sales of 203,500 metric tons for 2019/2020 were down 17 percent from the previous week and 28 percent from the prior 4-week average. Corn: Net sales of 1,073,200 MT for 2019/2020 were up 39 percent from the previous week and 14 percent from the prior 4-week average. Soybeans: Net sales of 655,500 MT for 2019/2020 were unchanged from the previous week, but up 13 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 101,400 MT for 2019/2020 were down 23 percent from the previous week and 27 percent from the prior 4-week average. Soybean Oil: Net sales of 6,700 MT for 2019/2020 were primarily for the Dominican Republic (3,000 MT), Mexico (2,700 MT), and Morocco (1,000 MT). For 2020/20...
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...
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.