Merry Christmas! Markets closed early today at 1 p.m. (EST) and will reopen on Tuesday at 9:30 a.m. (EST). The grain and oilseed markets were fractionally higher in very light overnight trade. That pattern held true during today’s holiday-shortened session for corn and soybeans, but the wheat market found some light selling. USDA announced the sale of 252,000 MT of soybeans to China. Rains across the dry parts of southern Brazil and Argentina have been generally considered disappointing. It will be warm to hot and mostly dry for another 7-10 days before the next chance for precipitation arrives. U.S. equity markets started the day mixed and then finished lower. President Trump signed the tax reform bill. Congress also exte...
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.