Soybeans Market Trends Strong demand remains in the spot soybean market as Chinese buyers seem to have realized they need supplies immediately, a development that has brought with it some previously unseen technicalities. There is also good demand for January CNF Pacific Northwest (PNW), but there are currently no offers. February PNW soybeans are offered at +162H. That is a discount to Brazil, which traded +164H for the same month last week. About two months ago, the discount for PNW was huge over U.S. Gulf (USG) and Brazilian origins at $0.25 and $0.35, respectively. This shows the significant volatility of PNW origin, moving from a big discount to almost parity with those origins. The market for USG remains very quiet as freezing Mid...
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.