Dry weather across Australia and Canada continues to support wheat prices while uncertainty about NAFTA/U.S.-China trade terms pulled corn and soybeans lower. Today’s trade started higher in the overnight session with soybeans up roughly 5 cents, wheat up 8-9 cents, and corn reluctantly following 2 cents higher. The day session saw corn and soybean prices break lower early, stabilize, and then succumb to late-day selling pressure. The afternoon selloff may be attributable to President Trump’s statement that China has become “very spoiled” on trade. Trump went on further to say the United States has been “ripped off” by China on trade. This was the exact opposite of what the market wanted to hear fo...
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.