The wildest action on the board today was in soymeal spreads. Meanwhile, corn was lightly traded, and prices dawdled around in a 5-cent price range before closing 4 cents higher. Wheat futures prices at the three markets were up mostly 2.5-5 cents.We wish everyone a safe and happy Thanksgiving! General Comments EU Commission President Jean-Claude Juncker proposed a 315 billion euro program to stimulate the EU's stagnant economy and address high unemployment. The proposal would redirect 21 billion euros from the EU's current budget to be used to guarantee loans that would promote investments in job-creating projects of at least 315 billion euros. The proposal prompted a small rally in world stock markets, but it was met with considerable s...
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.