The corn and wheat futures markets have clearly abandoned their trading ranges of last fall and are trying to find new ones at some lower level.There are always outside influential factors, and they seem especially numerous this year.Typically, late January is a quiet time for agricultural futures markets. USDA's January reports have been digested. Although the bulk of the South American harvest is not yet underway, markets have already absorbed perceptions about their potential. The Northern Hemisphere's winter wheat crop is still dormant. Also each year at this point, the chances for some surprising change in the outlook for demand during the balance of the crop cycle are pretty low. Still to come are the prospective spring plantings. One...
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.