THE OPEN January beans: 2 1/2 higher December meal: 6.20 higher December soyoil: 31 lower December corn: 4 higher December wheat: 11 higher The markets opened as called with profit-taking and choppy price action. Beans traded lower in the absence of fresh sales, while oilshare weakened again on the back of traders continuing to buy meal/sell soyoil. Crush margins continue to be attractive, which is incentivizing crushers to crush all they can. At 10:00 export inspections were released as follows: corn: 911,012 mt vs. 838,849 mt week ago (vs. an expected 755,000 mt) beans: 2,173,521 mt vs. 2,396,908 mt week ago (vs. an expected 1.7 mmt) wheat: 239,688 mt vs. 51...
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.