White maize prices in South Africa continue to move higher as imports are just not able to keep up with local consumption levels, and stocks are reportedly selling at an approximate $80/MT premium to yellow maize versus about $30/MT last year. Regional Updates This is the week of “Brexit” with all news being dominated by speculation regarding the potential impact on world trade and economies by the UK vote to leave the EU. The Middle East/North Africa (MENA) region seems to believe that the effects will be minimal as most of its international business is transacted in U.S. dollars. However, crude oil prices did take a sudden dip on the Brexit news as did most everything. Short term, it doesn’t appear that there will be any serious consequ...
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.