Soy complex prices fell and gave back half or more of yesterday's gains as trader's recognized that supply/demand fundamentals for soybeans are as bearish as ever. General Comments Well, that price rally did not last very long. Yesterday's rush to buy a wide range of commodities including grains and the soy complex pushed futures prices higher and, in some cases, sharply higher for many. No doubt the U.S. dollar's weakness was a contributing factor as were crude oil prices that jumped to their highest levels in 2015 to date. As far as grains and the soy complex were concerned, however, yesterday's rally caught the market by surprise. There was nothing in the way of fundamental changes to support it, and many commercials were left scratchi...
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.