Low asking prices for PNW soybeans are crowding out U.S. Gulf, Brazilian, and Argentinian exporters, with the latter needing to lower prices 20 cents to be competitive. Argentinian corn farmers are not marketing corn in the usual pattern, which may leave the country with record high ending stocks. Soybeans Last week was a very quiet with the Chinese celebrating the Golden week holiday, which ended on Friday with the celebration of the Moon. Due to the holiday, the Dalian futures market was closed in China, eliminating the chance to hedge soybeans purchases. The market closure also eliminated the ability to calculate soybean crush margins for Chinese processors. A few spot trades did occur last week, especially from the PNW, still the che...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.