The only way for Argentina to be competitive in the current global corn market is to sell corn via combos (corn with meal). Presently, the country can offer to load both products at the same port and berth with little or no lineup. South American Soybeans The Chinese are celebrating a national holiday this week, which means that Chinese buyers are out of the global market and the Dalian Futures market is closed. In the meantime, South American merchants are watching the U.S. Gulf become the dominant supply source in the global soybean market. Yet, Argentine farmers still have several MMT that need to be sold. They are estimated to still be holding approximately 35 percent of last season's production. Argentina's domestic crushers have bee...
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.