THE OPEN January beans: 3 lower December meal: 3.80 lower December soyoil: 46 higher December corn: 3 1/2 lower December wheat: 10 1/2 lower Prices opened mixed with soyoil correcting further against meal, while a few sell-stops were triggered on the open which took prices into pricing ideas. Wheat prices found sell-stops on better rainfall in the plains and the Black Sea, with some technical points violated. Export inspections were released at 10:00 as follows: Beans: 2,664,352 mt vs. 2,317,798 mt week ago Corn: 636,290 mt vs. 911,648 mt week ago Wheat: 363,806 mt vs. 241,283 mt week ago Export inspections were good for beans, with 2.02 mmt inspected for exp...
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: 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...