Expectations of great crop ratings today coupled with few, if any, weather problems continue to pressure corn prices lower. Some analysts are now starting to talk about BIG corn yields and the potential that U.S. corn ending supplies could be much more than the latest USDA number. General Comments Corn was lower overnight, wheat was slightly higher and soybeans traded both sides of unchanged. Volume was light. There just isn't much out there for news, especially bullish. Weather across the U.S. Corn Belt and Northern Plains is mostly favorable. If anything, too much rain is more of a problem today than too little.The market was looking for steady or improving crop condition ratings for corn, soybeans and spring wheat in today's weekly cro...
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.