General Comments We started week number two of the U.S. government shutdown today with no indication that any solution is near. That means at least several more days (best case) of no information from USDA. It also means that Friday's scheduled October WASDE and crop production estimates won't happen, which USDA confirmed today.This left the markets with little or no fundamental news to look at today. There was neither a weekly export inspection report nor a weekly crop progress report. U.S. financial markets were weak as was crude oil and the dollar index. Gold and silver were strong. There has also been no economic data released because of the government shutdown.Soybeans were strong overnight but traded slightly lower most of today'...
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.