Grain markets were quiet today with generally sideways trading prevailing. Cattle futures were lower on aggressive short-hedging while the hog market found commercial buying support. Harvest continues to progress for U.S. corn and soybeans, as does planting for winter wheat. The grain markets are largely entering their demand-driven activity season, where exports and domestic consumption will largely set the stage for price movements. Wall Street is only slightly lower as of this writing after aggressive mid-day buying pulled the market back from sharp early losses. Caterpillar’s disappointing earnings results (or, what analysts interpreted as disappointing) set the stage for early stock market losses this morning. The VIX is u...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.