General Comments Rumors continue to swirl concerning a possible decision by Chinese authorities to sell up to 3 MMT of soybeans from the government's reserve stocks for domestic use. Reportedly, the soybeans sold would be from 2009/10. We do not believe that a decision has been officially announced, but such a move would make sense. At least in theory it would allow the government to sell out older stocks and replace them later with fresh 2013/14 supplies at lower prices. Also, pumping soybeans into the domestic market should pressure domestic prices of soy products which would benefit domestic users, especially the livestock and poultry sectors. There are some cynics who wonder if reports of a big sale of soybeans from government rese...
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...
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.