SPREADS Dec. crush trades to 1.17/bu while oilshare trades down to 31.24%. Corn spreads continue strong with Dec/Dec now inverting to 4c from 2c, and from a carry. Dec/March corn narrows into 5 1/4c from 6c. Nov/Jan beans trade from 1/4c from 1c carry, while Jan/March trades from 15 3/4c inverse down to 13 1/2c. Dec wheat/corn trades from 2.02 1/4c to 2.07c. Dec/March meal trades from an inverse of $11.40 up to $13.10. PALM OIL Dec. palm oil down 75 ringgits ending at 2,914 ringgit/mt. NEWS Stocks are 308 pts lower as US jobless claims rise to 898K as the economy continues to struggle. The continuing rise of the virus across countries and the lack of a stimulus package create...
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.