The market opened as called but the grains could not be held down for long. By mid-session corn and wheat were back held aloft by trusting bulls despite an underwhelming Export Sales report and several other factors urging caution. These include continued lack of Chinese demand, expectations of higher yields in the November WASDE, and improved conditions in South America. Soybeans remained down for the day, as they should considering how far behind exports to China are when compared to last year. Still, over the past five days of trading, November soybeans remain up nearly 10-cents, but December corn and December wheat are up over 30-cents/bushel. December HRW scored a new contract high today and while December HRW briefly traded aga...
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.
What You Need to Know Today: The June jobs report showed nonfarm payrolls increased by 57k jobs, less than the 115k jobs expected by economists surveyed by Dow Jones. The labor force participation rate dropped by 0.3 percent to 61.5 percent, the lowest since March 2021, and the lowest in 50 ye...
On 4 July 2026, the United States will commemorate the 250th anniversary of the signing of the Declaration of Independence. In observance of the Fourth of July holiday, Ag Perspectives will not be published on Friday, 3 July. We will resume our normal publication schedule on Monday, 6 July...
Today was the deadline for announcing intentions regarding renewal of the U.S.-Mexico-Canada Agreement (USMCA); the U.S. will not renew the USMCA, according to U.S. Trade Representative Jamieson Greer. President Trump will instead pursue separate bilateral trade deals with Canada and Mexico las...