The Argentine soybean harvest is 90 percent complete, while farmer selling is only 35 percent finished, which is significantly behind the historical pace. The end result is that Argentina will likely compete later against U.S. origin from August onward. Rapid Changes in South American Soybean Basis Market participants are struggling to react to the recent adjustments in the South American soybean basis. Two weeks ago, the basis in Brazil for August cargoes was trading at +68SQ and for July at -4SN to 0SN, while Paranagua for July was worth around -20SN. Since then, the Paranagua paper market suddenly increased 5-7 cents per day and settled at about +20SN. This caused the cargo levels to increase from approximately 0SN to +40SN for July an...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.