General Comments In typical "Turnaround Tuesday" fashion grain and soy prices weakened in overnight trade with yesterday's rally attracting some early profit taking. Later the overnight markets were dominated by bearish macro signals — a stronger dollar, weak stock index futures and weakness in other commodities. All of this carried over into the day session. Several corporate earnings reports were disappointing which sent the stock market still lower. Selling hit most commodity markets as money fled from risk to the "safety" of the dollar. After being down well over $2.00 much of the session, crude oil finished the day down $1.98 at $86.67. The Dow dropped 268 points, which wiped out the rest of the autumn rally. The Dow closed at its...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.