Upon detecting the sharp increases in WASDE estimates of world corn and wheat production/stocks, computer trading programs launched sell orders that quickly sent futures prices tumbling (also noted in today’s separate analysis). Wheat futures prices fell 8-10 cents, soybean prices dropped 15-16 cents, and corn was quickly down about 6 cents. The higher world supplies of corn and wheat were due almost entirely to increases in annual Chinese corn and wheat production/stocks estimates dating back to 2007. Cumulatively, these revisions led to very large increases in USDA’s November estimates of Chinese and thus world ending stocks from its estimates of just a month ago. Undoubtedly, these statistical increases catch the eye or the a...
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.