Today's holiday-shortened session again featured, if that is the right word, lower corn and soybean prices. The 4th of July holiday is typically the point at which traders make judgments about weather and crop prospects that set the course of prices into late summer. General Comments The U.S. Labor Dept. reported that 288,000 jobs were added last month, the fifth month in a row with job gains over 200,000 and an indicator of an economy in full recovery mode. The unemployment rate dropped from 6.3 percent to 6.1 percent. The signs that the U.S. is becoming healthy are in sharp contrast with the EU where the collective economy seems to be slowing again. U.S. stock markets liked the news. The Dow traded over 17,000 for the first time ever, a...
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.