While Argentine farmers retain a substantial volume of soybeans as a hedge against current economic conditions, lower FOB prices may actually force them to increase selling in order to generate sufficient income. Soybean Market The soybean market has been very quiet lately in South America. As expected, Chinese demand has been focused on U.S. origin for the November-January period. However, current prices at the U.S. Gulf seem to also be capturing the September spot market demand with aggressive price levels such as +335 SX CNF China. That is far more competitive than the price levels currently available out of Brazil. Basically, this means that the window for old crop beans from Argentina, Uruguay and Brazil origin is already closed. Arg...
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.