Wheat: Net sales of 360,600 metric tons for 2019/2020 were down 27 percent from the previous week and 14 percent from the prior 4-week average. Corn: Net sales of 487,900 metric tons for 2019/2020 were down 11 percent from the previous week, but up 15 percent from the prior 4-week average. Soybeans: Net sales of 1,807,400 metric tons for 2019/2020 were up 92 percent from the previous week and 41 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 262,400 MT for the 2019/2020, primarily for the Philippines (143,200 MT), Colombia (53,300 MT), Mexico (16,000 MT), Japan (10,300 MT), and Burma (9,700 MT), were partially offset by reductions primarily for unknown des...
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...