Grain and soy markets were modestly higher overnight ahead of USDA's weekly export sales report and the National Oilseed Processor Association's (NOPA's) December crush report. However, early selling in the day session sent prices back into the red again. General Comments To the surprise of currency markets, the Swiss National Bank (SNB) announced it was ceasing efforts to hold the Swiss franc at 1.20 euros, a tie that had been in place for over three years. The SNB had been a frequent buyer of euros in this regard. Following the announcement, the euro dropped against the Swiss franc and the U.S. dollar. This helped push the U.S. Dollar Index back up near its recent highs. In the event that an asset-buying program is soon launched by the...
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...
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.