Dry weather across the world pulled wheat markets higher while corn followed on supply concerns of its own. Soybeans were reluctant followers of the wheat and corn markets, though there is more sideways/bearish sentiment in that market. Cattle markets were sharply lower today while nearby hog futures rallied and deferred contracts fell. President Trump announced a 30-day respite from the newly-imposed steel and aluminum tariffs for Canada, Mexico, and the EU while Australia, Brazil, and Argentine received permanent exceptions. The announcement should be viewed as bullish NAFTA renegotiation talks. Aside from improving trade relations, the U.S. equities markets tanked early today. The Dow quickly fell to 200-point losses but ha...
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.