Futures trading on this last day of the year saw Chicago wheat fall 10-12 cents. Corn futures dropped more than 9 cents – a major move for the corn market. Soybean futures sank about 18-20 cents. The principal reason for the across-the-board weakness was long liquidation.On this last day of 2014, we wish everyone all the best for the New Year. We hope that 2015 proves to be happy, peaceful, prosperous and safe. Happy New Year! General Comments 2014 will be remembered as the time when the world produced record-large crops of corn, wheat and soybeans all in the same year. That is a remarkable achievement. If there is a precedent for this, we are not aware of it. The 2014/15 crop cycle also appears to be one in which the linear trend of worl...
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: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...