The Brazilian soybean basis is anticipated to soon decline, and that is a potential concern for Argentine soybean producers as their position is being steadily eroded by the strength of the U.S. dollar against Brazil's real. Devaluation of the Brazilian Real Not Helpful to Argentina Brazilian farmers naturally prefer to sell when the Brazilian real is in decline against the U.S. dollar. Therefore, it is somewhat surprising the Brazilian soybean basis has not significantly weakened due to increased selling. At the moment, demand seems strong enough to supporting that basis, but it is anticipated to soon decline and that is a potential concern for Argentine soybean producers as their position is being steadily eroded by that strength of the...
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...