Although China has thus far rejected a relatively small amount of U.S. DDGS because it contains an unapproved Syngenta biotech event, the rejections are having a major impact on DDGS and soymeal prices. Widespread Rainfall in Argentina Reports out of Argentina indicate significant amounts of rain were received early today by a large portion of that country's soybean- and corn-growing region. The rain fell in about half of Buenos Aires province, 80 percent of Cordoba and almost all of Santa Fe. The amount varied from 30 to 60 millimeters (1.18–2.36 inches). It was greatly needed by the country's corn and soybean crops but may have come too late to avoid corn yield losses. However, reports suggest that there likely has been no significant i...
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.