The wheat market finally has vindication for its persistently bullish outlook after today’s futures rally. Corn options are settling into a neutral/range-bound forecast for futures while soybeans are leaning slightly bullish. The live cattle options market reflects much of the same uncertainty shown in futures prices, with traders similarly neutral in their positioning. For background on the methodology used in this analysis, check out this article. Again, the goal of this weekly publication is to give you a quick view of how the market perceives price risk over the near term. We also include the previously published charts, so you can see how the risk has shifted week-to-week. Here are this week’s charts: C...
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.