Many analysts were expecting smaller harvested acres of corn and soybeans. We received the opposite today with an increase in both of those as well as a surprise in the production numbers.Today's series of USDA reports sent some very mixed signals to the markets. The corn numbers were generally considered at least somewhat friendly because ending supplies were reduced. Soybeans were thought to be negative as USDA left U.S. ending supplies unchanged but increased Brazil's production estimate from 94 to 95.5 MMT and raised world soybean ending supplies. The wheat numbers were neutral to slightly friendly. U.S. ending supplies were increased 33 million bushels, but U.S. winter wheat plantings were far less than expected for both hard red winte...
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...
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.