Unlike last year, soybean bulls are getting no help whatsoever from the cash market. Soybean crushers are relaxed, and export demand has fallen to a trickle. General Comments The overnight session saw wheat and corn trade both sides but wind up mostly lower, while the soy complex traded lower from the get-go, thanks to persistent long liquidation. Volume for the complex was moderate, but lighter in the grains.Soybeans, meal and oil prices continued the overnight pattern and pushed lower during the day session with commercial selling of July soybeans noted. However, the grains reversed and headed higher with KC HRW futures again in the lead and the corn market in tow. The HRW crop continues to deteriorate under the stress of temperatures i...
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.