During overnight trade, corn futures prices were unchanged to slightly weaker in slow trade. During the day session, though, fund pressure and technical selling pushed old crop corn prices to close down 8 cents. General Comments It is St. Patrick's Day when everyone is Irish, and people are encouraged to wear green shirts, ties, sweaters, etc. as well as drink beer that has been artificially colored a disgusting shade of green. Grain markets, soy markets and markets for many other commodities did not get the message as their color of the day is red. A quick check finds that among agriculturally-related commodities, only coffee managed to close with green numbers. Yesterday the wheat market reacted to weather concerns for both HRW and SRW...
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.