Markets were mixed in the Thursday night session, and that’s pretty much how they ended the week. Corn didn’t do anything today, while soymeal and soyoil futures supported soybeans. Wheat was down 1-2 cents overnight, but those losses turned bigger this morning. Trading volume today in wheat, corn and soybean markets was back to more normal levels after a very slow period through the Christmas and New Year holidays. U.S. equity markets ended the first week of 2018 again setting new all-time highs. Crude oil traded briefly above $62.00 before dropping 50-60 cents, and yet it still traded at the highest levels since June 2015. The U.S. dollar was slightly firmer today. Next week’s markets will focus on the weather outlook...
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.