SPREADS May crush trades lower to 63c/bu while oilshare trades up to 35.67%. March/May beans traded into a 2 1/4c to 3 1/4c carry, the lowest level since last August. July/Nov bean inverse trades lower as well, down to 1.68c from 1.75 1/2c. Jul/Dec meal inverse trades from $45.70 down to $42.70. July wheat/corn trades from 1.06 1/2c to 1.07 1/4c. July/Dec corn slips to 71 3/4c from 74 1/2c, with May/July trading down to 8 1/4c inverse from 9 1/2c. PALM OIL May closed up 18 ringgits at 3,540 ringgit/mt. AmSpec Agri Malaysia reported exports for Feb. 1-20 at 697,794 mt, 10% higher than the prev. month. NEWS Stocks are on the defensive this AM trading down 200 pts. Crude oil stil...
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.