A stronger wheat market helped corn as did more talk that farmers are looking for ways to reduce corn costs because of low prices. Soybean and meal contracts did work progressively higher throughout the day. General Comments The markets all opened steady to higher Sunday evening after last week's weakness. Wheat was the leader, followed by corn and the soy complex. However, this was not decisive price action because wheat had a modest setback at the close of the trading day. Also, while corn closed positive, it spent the entire day trading below the high prices that were established early in the morning. Soybean and meal contracts did work progressively higher throughout the day. However, that price action occurred as soyoil traded lower,...
Grains posted strong gains today, putting the bulls firmly in the driver’s seat. There was no shortage of fuel for the move, with three W’s driving the rally: weather, war and worry. Weather: Cooler temperatures are temporarily easing stress across the Northern Plains and Midwest, b...
Key Takeaways: Global and U.S. cotton demand has struggled since the post-COVID-19 pandemic surge, which has left cotton prices drifting lower in the U.S. The war in Iran and the closure of the Strait of Hormuz, along with their impact on global energy markets, could boost cotton demand...
Key Takeaways: Persistent labor shortages are increasing operational challenges and costs across U.S. agriculture, particularly in labor-intensive sectors such as specialty crops, dairy, and meat processing. Immigrant workers, including H-2A employees, remain essential to the agricultural work...
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.