SPREADS May soyoil trades to new highs at 39.0% while crush firms back to 63.55c/bu. Bean spreads lack enthusiasm on quiet export activity with July/Nov inverse trading down to 1.64 1/2c from 1.70 1/2c. May/July beans trades from 15 1/4c inverse to 16 3/4. Jly /Dec corn inverse trades from 55 1/2c to 54c, while May/July firms to 11 1/4c from 10 1/2c. July wheat/corn trades from 1.11 1/2c to 1.08 1/2c. PALM OIL May closed up 40 ringgits to 3,918. Ahead of the monthly Malaysian Palm Oil Board data, the advertised estimate is for Feb. production at around 1.192 mmt, with ending stocks at 1.417 mmt. Feb exports were forecast at 952,000 mt. Data will be released tomorrow. NEWS Stoc...
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.