Dry weather across the world pulled wheat markets higher while corn followed on supply concerns of its own. Soybeans were reluctant followers of the wheat and corn markets, though there is more sideways/bearish sentiment in that market. Cattle markets were sharply lower today while nearby hog futures rallied and deferred contracts fell. President Trump announced a 30-day respite from the newly-imposed steel and aluminum tariffs for Canada, Mexico, and the EU while Australia, Brazil, and Argentine received permanent exceptions. The announcement should be viewed as bullish NAFTA renegotiation talks. Aside from improving trade relations, the U.S. equities markets tanked early today. The Dow quickly fell to 200-point losses but ha...
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.
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...