Corn was steady to 1-2 higher much of the session in trading volume that was something less than half of normal levels ahead of the long weekend. China will apparently try to auction off another 3.5 MMT of reserve corn on 29 May. General Comments Soybeans were again firm through much of the night session following Thursday's strength as wheat and corn showed little movement. Overnight volume was very light. Markets started higher this morning with soybeans leading the way, but that strength quickly subsided, and markets turned slightly lower in the first half hour of trade. Trading volume today was very light.This is the first long holiday of the summer in the U.S. with markets closed until 7 PM (CDT) Monday evening. Monday is Memorial Da...
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.