Ever since the late November OPEC meeting where the Saudis pledged specific efforts to stem the growth in light-tight U.S. oil production, the bears have been in full voice about the future of the oil market. However, there are several factors to consider from a medium- to long-term view.Brent crude oil fell below $55 per barrel today, the first drop that low since 2009. The financial and commodity worlds are fixated on oil prices. Ever since the late November Organization of Petroleum Exporting Countries (OPEC) meeting where the Saudis pledged to not cut production and drive oil prices lower in an effort to stem the growth in light-tight U.S. oil production, the bears have been in full voice about the future of the oil market. However, the...
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...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
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.