General Comments Yesterday's strong rally in the grains and soy complex was extended again overnight, and it carried through into the morning session. Once again, U.S. and Paris wheat futures led the way. Trading volume in CME wheat futures was quite large yesterday with almost 146,000 contracts changing hands. Open interest increased about 6,000 contracts. Today's CME wheat volume may have exceeded that.For the past few weeks, the drought in Argentina and Southern Brazil and concerns about lost corn and soybean production dominated grain and soy markets. Now this week, it is the cold wave engulfing Russia, Ukraine, Poland and portions of France and Germany triggering fear of damage to winter sown wheat and barley that has moved the mark...
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.
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is the largest importer of Brazilian maize in the first six months of 2026. Egypt imported about 28.4 percent of maize exports, or about 1.7 million MT. Iran was the third-largest importer at 14.5 percent, or 900,000 MT, fol...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...