Markets were generally firm overnight. That “firmness” then blossomed into a full-fledged, general rally this morning, led by big gains in the soy complex. This morning’s Stats Canada planting report was partly responsible as it showed intended canola and soybean acres were much smaller than expected. That boosted canola markets and spilled into soybeans. There was also more optimism today that next week’s visit to China by several high-ranking U.S. officials, including the treasury secretary, might result in a breakthrough on the trade/tariff issues between the two countries. In addition, there is growing recognition that U.S. export prices for corn and soybeans are now well below South American values. Funds were b...
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.