About two hours after the day session opened, Chicago May wheat traded through its 20-day moving average at $5.05, and a volume of fund buy stop orders was immediately triggered. Wheat jumped higher, which led to some short covering in other markets. General Comments March contracts expire tomorrow (13 March), but they are mostly liquidated already. Open interest in them was very low as trade began today. It included 51 contracts of Chicago March wheat, 179 contracts of KC wheat, 1,429 contracts of corn, 848 contracts of soybeans, 306 meal contracts and 373 soyoil contracts.The soybean market is nervous about the anti-government political rallies in Brazil on Sunday and the possibility of some kind of fallout that might disrupt the soybea...
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...