General Comments "Buy the rumor, sell the fact." That old market cliché was clearly in play today. The combined three-week export sales report showed that total sales of corn and soybeans during the period exceeded even the most aggressive guesses. Sales of wheat also were higher than the consensus trade guess, and sales of soymeal fell within the range of trade guesses. The market expected a bullish report, and it got one that was relatively more so. Grain and soy futures prices initially rallied following the report, but it was not long before sell orders took the edge off, and more sell orders ultimately drove prices lower across the entire board by the close of the day session.Many traders expect that USDA will present a bearish pi...
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.