The Market Pressured by improved weather in Brazil, favorable crop conditions in Argentina, and a softening Chinese market, March soybeans declined 0.89 percent this week to end at 1213.25/bushel. USDA’s announcement on Friday of the sale of 297 KMT of soybeans to China was not enough to reverse course despite it being the first sale in over a month. U.S. soybean shipments are down 20 percent compared to this same time last year. March soymeal dropped 1.5 percent and is now valued at 356.5/ST. March soyoil settled at 46.9/pound, a decline of 2.79 percent for the shortened trading week. While canola is tracking lower with soyoil, palm oil has been rebounding and is trading above its 100-day average. The trend remains down but the dec...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
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.