USA Soybeans A mini-rally has sent soybeans up 11.6 percent in value this week to a two-week high at 1468.5 cents/bushel. The market has weighed the impact of the last hot dry period on soybeans and is now pricing in some future degradation of the crop. Monday’s Crop Progress report from USDA should show some temporary stability returning to the soybean crop. The agency reduced the share of the new crop rated Good/Excellent by 2 percentage points to 59 percent. Conditions are highly variable, with the Badger State (Wisconsin) in the lead and flooded Kentucky in the worst shape. But there are oddities. Illinois planted more soybeans than corn this year and its crop is 14 points behind Iowa in the Good/Excellent category, likely...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.