Wheat ARGENTINA These days, wheat sellers have been concentrating on North African demand. In the Egyptian tender, 11.5 percent protein Argentine wheat was sold at $256/MT FOB Panamax. Algeria and Morocco were active buyers as well, paying $250-MT FOB for April or May shipments. Buyers are willing to bid at $250, which seems to be quite low. The premium for protein is shrinking every day; the remaining wheat crop quality is above average. URUGUAY The market in Uruguay is done; there is nothing available to sell. Logistics will concentrate on soybeans until June. PARAGUAY There is no Paraguayan wheat available at the current levels. There are stocks of excellent quality, but sellers are waiting for better prices in the market. BRAZI...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...
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.