General Comments There was a reasonable volume of trade in grains and the complex overnight, and prices traded both sides. Soybeans were the strongest followed by wheat, and corn tagged along with mostly red numbers. The day session was influenced by the weekly Export Sales report from USDA FAS. Soybean sales were huge, well above expectations. Soy product sales volume was also quite large as testimony to the intense demand the soy complex must deal with. Wheat sales were larger than in recent weeks, but still unimpressive, and corn sales disappointed again.Perceptions drawn from the weekly sales report were reflected by the price action of today's market. Early strength of soybeans actually pulled corn into the green for a while before...
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.