Overnight trading started out slowly and without price direction. However, a later surge of buy orders in wheat and corn sent prices solidly into the green with the soy complex along for the ride. General Comments The U.S. Dollar Index continues its upward march. Along the way, the currency set a 12-year high versus the euro, which is now worth $1.05. Those planning summer vacations in Europe must be delighted. The Brazilian real is still at a historic low, and that helped sponsor another surge in farm sales of Brazilian soybeans this week.Brazilian truckers have apparently given up the fight for lower taxes on diesel fuel, and they are to meet with government officials on 26 March, hoping for an increase in minimum freight rates. Meanwhi...
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.