Markets were mixed to slightly lower early in last night’s session, but they were trading steady to higher at the opening this morning. Corn traded higher throughout the day on average volume and might have been following the small rally elsewhere. General Comments Markets were mixed to slightly lower early in last night’s session, but they were trading steady to higher at the opening this morning. Wheat and corn led the way today, although the soy complex wasn’t far behind. Trading volume was light.Outside markets ended the week equally quiet, and U.S. equity markets traded back and forth without much conviction either way. The result of the constitutional referendum in Italy this weekend could influence markets early next week, especial...
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.