Everything turned lower in the first hour-and-a-half of today’s trade. Soybeans actually led the break when the weekly export inspections report showed just 205,000 MT were shipped last week. General Comments Markets were quiet overnight with soybeans slightly higher while corn and wheat were slightly lower. Everything turned lower in the first hour-and-a-half of today’s trade. Soybeans actually led the break when the weekly export inspections report showed just 205,000 MT were shipped last week. Weather is still basically the same. There was more rain across the Delta over the weekend, and that continues to slow planting there.Outside markets were fairly neutral today. Crude oil was down 30-40 cents much of the morning before finishing m...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.