Grain and soy complex futures markets are uninspiring these days with the exception of Friday’s reaction to USDA’s stocks and acreage reports. Yet there are quite a number of things kicking around presently that set them up for more action and increased volatility. Consider the following examples: - China’s Vice-Premier Liu and his delegation arrive in Washington today to continue high-level negotiations with U.S. officials, which could lead to an end to the dispute that has disrupted trade between the two countries. There are many rumors about the status of the negotiations. One news service claims an agreement is 90 percent done and that nailing down methods to verify compliance with its terms is about all that remains...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
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.