Soybeans BRAZIL Brazilian soybeans are almost out of stock. In the past few weeks, several cargoes of soybeans were sold abroad. Chinese demand has been particularly active, especially after China's holidays in early April. This week, rumors that the Brazilian government might ban old crop soybean exports forced a rally in the CBOT. The government later denied these rumors. Nevertheless, the reports sparked an analysis of how many tons of Brazilian soybeans already have been sold, as well as the remaining balance for the rest of the year. The conclusion reached was that the Brazilian soybean crop is almost out, and sales should gradually start dropping to zero in the coming months. It is important to keep in mind that Brazil has a signi...
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.