Tomorrow's report could have considerable importance in market terms since non-commercials are so heavily invested on the long side of corn and soybeans.USDA will release this month's WASDE tomorrow. During most years, the April WASDE is notable for two reasons. The first is that it will incorporate whatever changes in the current year's supply/demand outlook resulted from the 1 March quarterly stocks reports that came out 10 days or so before. The second reason is that it sets the old crop stage for the May WASDE where USDA will offer its first real world U.S. supply/demand projections for the new crop year as based on the March planting intensions and whatever else has come along that might affect either new crop supply, or demand or both...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.