The corn and wheat futures markets have clearly abandoned their trading ranges of last fall and are trying to find new ones at some lower level.There are always outside influential factors, and they seem especially numerous this year.Typically, late January is a quiet time for agricultural futures markets. USDA's January reports have been digested. Although the bulk of the South American harvest is not yet underway, markets have already absorbed perceptions about their potential. The Northern Hemisphere's winter wheat crop is still dormant. Also each year at this point, the chances for some surprising change in the outlook for demand during the balance of the crop cycle are pretty low. Still to come are the prospective spring plantings. One...
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...