The CBOT was mostly higher to start the week with technical factors driving short covering and some cautious fresh long buying. There wasn’t much from a fundamental standpoint to drive the move, but the technical picture is firming for most commodities. Corn saw substantial follow-through...
Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...
Wheat Last week’s rainfall covered much of Argentina’s western wheat-growing region, improving prospects for cereals there. Still, 27.3 percent of the area now shows excess water — up from 7 percent the prior week — mainly in the east and south, where fungal diseas...
The U.S.-Japan trade deal is now in place. It provides for a 15 percent tariff on most goods entering from Japan. For goods that were subject to tariffs less than 15 percent will now face higher duties at 15 percent, but goods that faced duties of 15 percent or higher will not increase. The tar...
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.