It is a new year, according to the calendar, but it would appear that grain and soy futures markets have transited seamlessly from the last one. However, a combination of four principal factors will likely set the market’s tone for the next few months.It is a new year, according to the calendar, but it would appear that grain and soy futures markets have transited seamlessly from the last one. As of late this morning, the board and futures prices looked very much like they did when 2016’s trading stopped last Friday afternoon. Markets did not seem to know what they should trade on or do as they rang out the old year, and they do not appear to have any better sense of direction after trading began for the first time in 2017 on Monday evening...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.