It was a vivid “Turnaround Tuesday” for grain and soy markets after Monday’s dive to test recent lows and, in some case, set new record lows. It began rather gradually in the overnight session, which saw trading volume notably higher than average. Prices started out slightly lower to near unchanged and slowing moved above Monday’s closes. They were led by wheat, which ended the overnight session 3-4 cents higher. Corn and soybeans gained 0.5-1.5 cents. It is difficult to explain the unusually heavy overnight volume but only modest price changes. Things turned more interesting during the day session, again led by wheat. Enough buying interest was uncovered to move wheat prices up several cents and high enough to caus...
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...
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.