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feed-grains soy-oilseeds wheat

Market Commentary: Soy Complex Rallies on NOPA Report; Exports Improve as Barge Rates Fall

The soy complex was the upside leader at the CBOT to start the week with a bullish NOPA report driving the markets. NOPA reported a record-large September crush and soyoil stocks at nine-year lows, which sent soybeans and soyoil futures higher for the day. Beyond that, grain and livestock markets were lower in quiet, low-volume trade with little fresh news. Exports are turning into a tailwind for the soybean market but remain a headwind for corn and wheat, trends that were reflected in CBOT prices for the day. Funds were cautious net sellers in the corn and wheat markets while covering some soybean shorts and adding back length to their soyoil holdings. Commercials remain dedicated buyers of grains at current values, which suggests support...

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The May WASDE included this disclaimer:  Effective May 11, 2025, the USDA announced the suspension of live cattle, horse, and bison imports from Mexico due to recent detections of New World Screwworm (NWS) in southern Mexico. Forecasts in this report reflect this suspension and, in the abs...

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Livestock Industry Margins

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AP Quant: WASDE Wheat

WPI offers the following PDF of key supply and demand tables and charts relating to the USDA’s latest WASDE report. This is not an all-inclusive compilation of relevant market factors, only those which we feel are of top priority. WPI will seek to expand the offerings in this report and w...

livestock

WASDE Livestock

The May WASDE included this disclaimer:  Effective May 11, 2025, the USDA announced the suspension of live cattle, horse, and bison imports from Mexico due to recent detections of New World Screwworm (NWS) in southern Mexico. Forecasts in this report reflect this suspension and, in the abs...

livestock

Livestock Industry Margins

Meat packer margins worsened again last week as profits for both beef and pork packers declined. Beef packer margins were sharply lower and hit another record low at -$253/head thanks to record highs in fed cattle prices that outpaced gains in the beef markets. Pork packer margins turned negati...

wheat

AP Quant: WASDE Wheat

WPI offers the following PDF of key supply and demand tables and charts relating to the USDA’s latest WASDE report. This is not an all-inclusive compilation of relevant market factors, only those which we feel are of top priority. WPI will seek to expand the offerings in this report and w...

soy-oilseeds

AP Quant: WASDE Soybeans

WPI offers the following PDF of key supply and demand tables and charts relating to the USDA’s latest WASDE report. This is not an all-inclusive compilation of relevant market factors, only those which we feel are of top priority. WPI will seek to expand the offerings in this report and w...

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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.

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