This summary is based on reports from exporters for the period May 24-30, 2019. Wheat: Net sales reductions of 26,000 metric tons for delivery in the 2018/2019 were down noticeably from the previous week and from the prior 4-week average. Corn: Net sales reductions of 8,800 MT for 2018/2019 resulting in increases for New Zealand (33,200 MT, including 33,000 MT switched from unknown destinations), Japan (24,200 MT), Mexico (20,500 MT), Guatemala (13,000 MT, including 4,500 MT switched from El Salvador and 4,000 MT switched from Colombia), and Taiwan (5,500 MT, including decreases of 100 MT), were more than offset by reductions for Nicaragua (27,300 MT), Costa Rica (27,300 MT), unknown destinations (24,300 MT), and the Dom...
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.