SPREADS Jan crush trades to 1.05c/bu while oilshare trades to 32.71%. Dec/Dec corn inverse strengthens to 18c from 16c, closing at 16 1/4c. Dec/March corn narrows into 4 3/4c from 6c. Jan/March beans trade back out to a small 3/4c carry. Dec/March wheat trades into 5 1/4c from 6 1/4c. Dec wheat/corn trades from 1.66 1/2c up to 1.71 1/2c. PALM OIL Feb. up 42 ringgits ending the session at 3,330 ringgits/mt. NEWS The Dow is up 140 pts. Outside markets continue to focus on vaccine hopes, as the top scientific advisor Moncef Slaoui in US Operation Warp Speed said first Americans could receive the vaccine within 24 hrs of US Food and Drug Administration approval, potential by mid -December.&nb...
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.