General Comments Markets started the evening session firm but what little strength there was gradually eroded to small losses and little action throughout the night. Corn and wheat lost more ground after the opening at 8:30 and selling accelerated after 9:30 in corn. It was Friday after a couple of huge trading days and there was a good round of profit-taking in corn and wheat. Soybeans resisted the urge to break and traded both sides for much of the session. USDA announced another 284,000 MT of soybean sales to China plus 126,000 MT to unknown.Weather will be hot and dry across the western and northern Corn Belt with little rain in sight over the next six-10 days. This will definitely add to crop stress across western Iowa, Minnesota...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...
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.