The sharp breaks in the soy and wheat markets seemed to overpower any friendly news in the corn market. The technical outlook for corn has also turned bearish and finds are long. General Comments Agricultural markets started the New Year on a negative note with big losses in wheat and soybeans and moderate losses in corn. Trading volume, as expected, was light. Part of today's weakness was follow-through selling from Wednesday's weak closes. Crude oil was also lower early but eventually traded unchanged to slightly higher before again dropping below $53. U.S. financial markets were higher early, although they retreated quickly and eventually traded with steep losses at mid-morning and then just moderate losses as the session wore on. The...
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...