Technically, the corn market has moved away from the upward trend that has prevailed since October and appears to be looking for a new lower trading range. General Comments It was a "quiet day at the office" for grain and soy futures markets today. Prices traded both sides overnight in reasonable volume. However, interest in trading ag futures declined as did trading volume. We do not know what CME's official count will show, but trading volume during the day session may have been the lowest so far this month. Simply put, there are limited reasons to trade these days unless it is to adjust already established positions. USDA's January reports came out nearly 10 days ago. They have been well digested by now, and the outlook is for a dearth...
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.