General Comments In the absence of any fresh market moving inputs, grain and soy markets seemed to be in a consolidative mood today. Corn futures traded on both sides before giving in to the continued strength of the wheat market and closing slightly higher. Soybeans were under pressure again from long liquidation. Unlike yesterday, however, influence from the higher wheat market seemed to have little effect on the direction of soy prices. Next Monday's quarterly stocks report and the 11 October WASDE with updated production estimates are the next items on the calendar, and we doubt that markets will do anything dramatic until after those reports.Of course, the one major factor overhanging the market is the U.S. corn and soybean harves...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.