KC July HRW was up 7 cents as rains are again delaying harvest in Kansas and posing the threat of quality deterioration. Rains have also delayed the Mid-South SRW harvest, catching some exporters short of supplies at the Gulf. General Comments Today's market was dominated by soybeans, specifically old crop soybeans. The July soybean contract reacted strongly to USDA's weekly export sales report showing that 317,200 MT of old crop soybeans were sold last week along with 457,700 MT of 2014/15 soybeans. At least 140,000 MT of old crop sales were expected since USDA last week reported that amount was sold to unknown destinations. However, the additional 177,200 MT of old crop sales were apparently something of a surprise. This simply adds mor...
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.