Export sales were generally light, reflecting increased competition from other origins and the buyers' hopes for lower prices to come. However, we should point out one export sales performance that gets little attention. General Comments Corn futures prices finally rallied, soybean prices continued higher and wheat prices were mixed in a rather low volume session. Outside markets were mostly supportive. The Fed's apparent commitment to following the same monetary policies that it has had in place for several months sent the U.S. dollar index sharply lower. Normally, this would be taken as a bullish signal for dollar-denominated commodities including grains since in theory they become more competitive with a lower dollar. However, the cur...
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.