General Comments Long liquidation in corn continued overnight, but soybeans uncovered some support in light volume trade. This pattern was the general theme for the day session, too, although corn did try to rally at one point. The effort did not last, however, and corn prices fell back to post red numbers at the close, joining wheat. The soybean market was supported by declining South American production, the anticipation of demand shifting to the U.S. and concern that the unseasonal warmth would result in more corn acres and fewer soybean acres. This concern was expressed in some renewed soy/corn spreading. The new crop soy/corn futures price ratio has widened out to 2.37/1.00 as the market tries to make planting soybeans more attracti...
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...