The latest volleys in the U.S.-China trade war kept markets on the defensive today. CBOT products were slightly higher in light trading overnight as some mild short covering helped the markets inch higher. Open interest is declining for corn, soybeans, and wheat – indicating that funds are likely paring back their short positions ahead of Friday’s WASDE report. Fundamentally, there is little fresh news for U.S. commodities except for the ever-thickening plot of the U.S.-China trade negotiations. The latest trade war news from the White House is that U.S. negotiators were expecting the latest trade documents to show good progress ahead of this week’s meetings. However, the most recent draft produced by Chinese officials re...
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: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...