Yesterday’s price trends carried over into the overnight session with soybeans and soy products firmer while the grains were near unchanged to slightly lower. The soy complex traded in fair volume, but not so the grains. Overnight corn volume was especially low, and several contracts managed only a half-cent trading range. As seems to happen with some frequency these days, overnight price direction was reversed during the day session. Soybeans and products turned down and drifted below Tuesday’s closes, but the grains moved higher. Soybeans closed 2.25-3.75 cents lower, giving back 30 percent of Tuesday’s gains. Meal mostly closed about a dollar lower, and soyoil lost 13-15 points despite Malaysian palm oil futures contin...
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.