General Comments Corn and wheat spent the entire session trading lower, while soybeans and soymeal were higher. Corn continued to suffer a hangover from EPA's reduced biofuels mandate numbers that were released last Friday. The bearish corn story got worse when it was announced that China had apparently rejected a cargo of U.S. corn because it contained a non-approved GMO variety. Soybeans were firm following last Friday's 30+ cent price collapse and held those gains on the back of record weekly soybean export shipments that approached 90 million bushels.There wasn't much other news today and certainly none that would inspire buyers. Crude oil was down nearly $1.00 much of the day and the dollar index was lower. U.S. equity markets aga...
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.