SPREADS Dec oilshare trades to 45.20% while crush trades up to 89.85c. Dec/March corn narrows into 7 1/4c from 7 1/2c. Dec 21/22 trades from 24 1/2c inverse down to 22 3/4c. Nov/Jan bean carry trades from 8 3/4c out to 9 1/2c, while the Nov 21/22 trades from 36 1/4c inverse down to 31 3/4c. Dec/March wheat trades from 10c to 10 1/2c carry. Dec wheat/corn trades from 1.81 1/2c up to 1.86 1/2c. PALM OIL Dec. up 122 ringgits to close at 4,452 ringgit/mt. NEWS Stocks are 240 pts higher with crude trading to $72.54/barrel, and the US dollar trading down to 93.09. CALLS Calls are as follows: beans: 3-5 higher meal: .80-.90 lower soyoil: 40-50 pts higher corn: ...
What You Need to Know Today: Traders are increasingly focused on next Wednesday’s August WASDE report, with corn and soybean yield estimates expected to drive the next major move in grain markets. Recent crop condition declines and late-July heat have increased uncertainty around USDA&rs...
Yesterday the Senate Agriculture Committee held its markup of the “skinny” farm bill, and it was derailed over Democratic opposition to plans for imposing food stamp costs on state governments. The Democrats pushed back on a provision that required states to pick up a larger share o...
Key Takeaways: WPI’s 2025/26 corn export models continue to reflect strong international demand and put the total marketing year volume slightly above USDA’s estimates. Strong old crop corn exports are offset by weaker feed and residual use, leaving ending stocks slightly ele...
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.