Grains are higher while the soy complex is under pressure. After yesterday’s fireworks in the soybean pit, the weather situation is failing to develop as bullishly as expected, sending soybeans and associated products lower. Conversely, the weather in the U.S. wheat-growing regions is deteriorating, pushing traders to add a risk premium to prices. Corn markets were unimpressively higher again. Outside markets are mixed today with news that the Libyan pipeline should be up and running again next week pressuring crude oil prices. The S&P and Dow are each slightly higher as of 3 PM EST today while the VIX index posted some mild gains as well. The U.S. dollar is under pressure, down 28 points at 93.016, while January gold is up...
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.