THE OPEN Jan beans: 11 lower Jan meal: 2.30 lower Jan soyoil: 60 lower March corn: 2 lower March wheat: 6 3/4 lower The market opened into weakness with more negative technical signals arising that led to a better round of long liquidation. Beans traded weaker than corn, as there have not been any signs of Chinese business. Rumors of cancellations are old news, but negative in terms of bean psychology. Macro markets leaned negative as well, with equities turning sharply lower and the US dollar trading to 2 ½-year lows. At 10:00 export inspections were released as follows: corn: 890,033 mt vs. 832,882 mt week ago (vs. an expected 850,000 mt) beans: 2,036,...
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.