General Comments It was really just more of the same today. Corn and soybean markets were again weak on softness in old crop basis and weather forecasts that look cool with ongoing chances of rain. Only the August soybean and soybean meal contracts seemed to run out of sellers. There were no export sales announcements today by USDA. The weekly export inspections report showed better than expected wheat loadings at 25.3 million bushels.Outside markets were more or less neutral. Crude oil was unchanged to slightly higher the first half of the day and slightly weaker at the close. The dollar index was slightly higher most of the day but finished slightly weaker. Financial markets were weaker but recovered some of the losses late in the se...
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.