Yesterday’s CBOT trends were reversed with the soy complex moving higher while wheat traded a steady, lackluster day. Corn and soybeans started the day weaker, but afternoon rumors of export business pushed the soy market higher. Funds are thought to have purchased some 7,500 contracts of corn, and 8,000 contracts of soybeans while being modest wheat sellers. U.S. weather forecasts continue to be friendly for the final stages of crop development with rains expected for most of the Corn Belt in the coming 10 days. Rains are expected to fall across Iowa, Ohio, Missouri, and Illinois which will boost soybean conditions in the region. However, the soybean market is taking a defensive attitude towards the weather and will not be com...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
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.