With low ocean freight rates, growing demand and strong supplies (among other factors), it would be difficult to find better market conditions than currently exist for millers, processors and feeders.The world's grain and oilseed importers have been on the wrong side of the price equation since the bull market started back in 2007. It has been the longest bull market in history by a very wide margin in terms of years, while most of those in the past could be measured in months. Bull markets have been so rare historically that the world had moved to "just in time inventory," which had little risk as ocean freight was always available and the world was operating with surpluses of wheat, feed grains and oilseeds.The world's buyers are once aga...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.