Wheat, corn and soybean futures were higher overnight. Chicago wheat traded as much as a dime higher with corn and soybeans up 3-4 cents and 6-8 cents, respectively. Overnight volume was nothing special, and none of the buying surfaced in today’s session. In fact, those same futures all traded slightly lower much of the day on light fund selling, although Chicago and KC wheat managed to close with gains of around 1-2 cents with MGEX contracts mixed fractionally or unchanged. Funds started this week short wheat, soybeans and soyoil while long a small amount of corn and soymeal. Conservative candidate Jair Bolsonaro has been elected to be the new president of Brazil. As noted here a few weeks ago, he is pro-agriculture and pro-busines...
What You Need to Know Today: Record biofuel demand continues to support soyoil values, as EIA data show that May soyoil usage as a biofuel feedstock reached a record 1.434 billion pounds. The latest data reinforces the strength of renewable fuel demand and helps explain ongoing investment in a...
A bipartisan group of 26 lawmakers, led by Representative David Valadao (R-CA), sent a letter to House Speaker Mike Johnson (R-Louisiana) and House Agriculture Committee Chair GT Thompson (R-Pennsylvania) requesting that $5 billion of the temporary economic assistance for farmers go toward spec...
Key Takeaways: Soyoil consumption as a biofuel feedstock climbed to a record 1.434 billion pounds in May, setting a new all-time monthly high. Improved 45Z policy clarity in February 2026 has supported stronger soyoil demand from the biofuel sector by providing producers with greater certainty...
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.