The soy complex dominated the markets as a "star performer" on Wednesday, 15 January 1997, and set a "firm tone" for the corn market. According to WPI's market analyst: For once, commercials and funds got on the same page, and both groups were net buyers of the soybean and meal markets today. Commercials were also bull spreaders of soybeans. Oil lagged behind. There was some buying of meal against sales of oil.Funds were net buyers again of about 20 million bushels of corn, running total fund purchases since Friday to about 145 million bushels. Today's volume was noticeably subdued compared to the previous three days, however.Commercials were buyers and bull spreaders of wheat in a modest way, but the volume was not enough to bring positiv...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.