SPREADS May crush trades to 66.32c/bu while oilshare trades to 34.0%. Spreads leak lower with July/Dec corn inverse trading down to 85 1/2c from 91c, while May/July trades from 12 1/4c to 10 1/2c, and down from ctr highs of 14 1/4c. July/Nov bean inverse trades off to 1.81 3/4c from 1.92 3/4c, while March/May trade from a 3 1/4c inverse to 2c. March/May meal trades from $2.70 to $2.00. March wheat/corn trades from 1.00 to 1.07c. PALM OIL April down 93 ringgits NEWS Outside markets show stocks up 200 pts with crude oil reaching new highs at $55.14/barrel, and the US dollar firming to 91.18. CALLS Calls are as follows: beans: 20-22 lower meal: 6.00-6.60 lower soyoil: 50-60...
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.