The CBOT started the holiday-shortened trading week with an old fashion hard open on Tuesday morning with no overnight trade to guide initial investment. That meant markets were slammed by sell orders stemming from weekend rains in Brazil and forecasts for more over the coming weeks. Soybeans gapped lower to start the morning and the entire CBOT grain complex was quickly on the defensive. Corn, wheat, soybeans, and soymeal all settled lower to start the year with traders failing to leave 2023’s bearish sentiment in the past. Cattle futures posted strong rallies for the day, however, as traders expanded portfolios after two weeks of holiday-doldrum trade. Funds were active net sellers in the grain and hog markets for the day, but they...
Weather concerns and the impacts of the war in Iran helped push wheat and corn to sharp gains Tuesday, with both markets blowing past key technical resistance levels. The weather is now coupled with geopolitical tensions that look increasingly hard to resolve, which is giving funds the perfect...
Congress is moving forward with its FY 2027 spending bills, while also still working to address FY 2026 funding for the Department of Homeland Security, which is still in a shutdown. The House Agriculture-FDA Appropriations Subcommittee marked up and passed its FY 2027 bill. The House bill prov...
Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisian researchers have been able to fully sequence the genomes of two local durum wheat types that have been grown in Tunisia for generations. They say that this “could be the key to developing more climate-resistant duru...
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.