GOOD MORNING, Prices are mixed this morning with all lower except wheat. Nervous longs are exiting soyoil and beans on weak overnight price action. Outside markets are in the red this morning making it a risk-off day of trade, which appears to be having a somewhat negative impact on the ag space. Overnight markets sport crush values that trades into a 9-month high, while oilshare continues to fall to 4-month lows. Sharp losses in palm oil prices weigh on soyoil, while meal values remain somewhat close to contract highs. December corn finally trades to $4.00 overnight as spreads tighten further. Wheat is firm as Matif and Russian Black Sea values are higher with farmers not selling thei...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.