Soybean Pricing Dynamics Despite the common belief that Chinese soybean needs are primarily covered for August and September, there is still interest being expressed for this time period. It is proving to be an unusual period to trade because of the enormous inverse between U.S. old and new crop prices. Brazilian beans are currently trading 120 cents above obtainable prices in a couple months. That is equivalent to 2 cents per day, or 60 cents per month. That is a huge discount and logistics is becoming a critical consideration for buyers.Chinese buyers would like to secure lower priced new crop production in the U.S. but any delay in their harvest could have a severe impact Chinese crushers. So far, the Chinese have only bought...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.