Mar 26 Corn closed at $4.44/bushel, down $0.005 from yesterday's close. Mar 26 Wheat closed at $5.105/bushel, down $0.02 from yesterday's close. Mar 26 Soybeans closed at $10.5625/bushel, down $0.0575 from yesterday's close. Mar 26 Soymeal closed at $299.5/short ton, down $0.4 from yesterday's close. Mar 26 Soyoil closed at 49.4 cents/lb down 0.47 cents from yesterday's close. Feb 26 Live Cattle closed at $236.625/cwt up $0.75 from yesterday's close. Mar 26 Feeder Cattle closed at $359.025/cwt up $3.45 from yesterday's close. Feb 26 Lean Hogs closed at $85.675/cwt down $0.475 from yesterday's close. Feb 26 WTI Crude Oil closed at $56.93/barrel down $1.39 from yesterday's close. ...
What You Need to Know Today: Grain futures fell hard overnight after the USDA’s Crop Conditions report showed better-than-expected ratings for corn and soybeans, despite difficult weather last week. The Conditions report was even more bearish in light of meaningfully beneficial rains acr...
Key Takeaways: New Mexico’s Clean Transportation Fuel Program expands demand for low-carbon fuels and creates another market for renewable feedstocks, adding incremental pressure to already limited supplies of lower-carbon inputs. Growing competition for waste-based feedstocks such as an...
As WPI reported on 17 July, the recently passed budget reconciliation bill in the House Budget Committee includes $12 billion in emergency farm assistance. This would be the seventh of the past nine years with ad hoc farm payments (FY2018, FY2019, FY2020, FY2022, FY2023, FY2024, and potentially...
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.