SPREADS May crush trades lower to 57.98c/bu while oilshare trades to 38.47%. July/Dec bean inverse trades up to 1.79 1/4c but closes at 1.71c with a 1.69c low, with May/July trading from 18c to 15 1/4c. July/Dec meal inverse remains weak, trading down to $33.40 from $38.30. July/Dec corn congests from 52 1/2c to 58 1/2c, while May/July trades to 11 /2c from 13 1/4c. PALM OIL May up 142 ringgits ending at 3.883 ringgit/mt. The sharp rise in vegoil prices were attributed to attacks on Saudi oil installation facilities. NEWS The stock market is 50 pts lower with the passage of a stimulus bill factoring in all the good news, and the fear of rising interest rates is at work. The US dolla...
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.