The CBOT saw corn and soybeans break lower overnight and extend that weakness in the day session with poor export sales data and favorable South American rains offering ample pressure. Corn futures scored a new contract low and are barley above three-year lows right now while the soybean market plunged to its lowest close since June 2023. Wheat futures managed to survive the bearishness of corn and soybeans to end slightly higher due to the cold snap expected for the U.S. Midwest next week. Funds were net sellers in corn and wheat and were essentially flat or slight net buyers in wheat. Pre-WASDE positioning has yet to kick in for the markets, but next week’s trade will likely see such trading start to constrain daily trading ranges...
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.