The combined release of USDA’s final yield/production estimates for the U.S. corn and soybean crops, the updated supply/demand estimates in the January WASDE, the 1 December quarterly stocks reports, and the initial estimate of U.S. winter acreage on the same day each January make that day quite important for grain and soy markets. The number of different reports increases the numerical chances for a market-moving surprise, and a sharp futures market price reaction has been invoked on occasion. Those reports will be released this year at noon (EST) on 12 January. Traders are eagerly awaiting them, especially given the dearth of other inputs to awaken these supply-laden markets. Will Friday’s reports actually contain a market-mo...
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.