SPREADS Sep. crush trades to 1.26c/bu while oilshare trades down to 46.76%. Sep/Dec corn trades either side of even, 3/4c inverse to 1/2c carry, while Dec/March corn trades from 7 3/4c to 8 1/4c. Sep/Dec meal trades into 1.60c from $2.40c. Sep/Dec wheat trades from 11 1/4c to 11 3/4c. DEc wheat /corn is back to its high of 1.85c from 1.79c. August/Nov beans inverse hits a high of 78 1/2c from 77c, while Sep/Nov trades from 8c from 6 3/4c. PALM OIL October down 78 ringgits/mt ending at 4,213. Ending stocks for the end of July were the highest in 10 months, as a drop in exports offset a decline in production, as reported by a Reuter's survey. Inventories are seen rising for a fifth mont...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
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.