SPREADS Jan crush trades to 1.37c/bu while oilshare trades at a steady 30.73%. Corn spreads remain very firm with Dec/March trading into new contract highs with Dec/Dec reaching a high of 27 1/4c from 24 1/2c. Dec/March wheat trades to a 1 1/2c inverse from 3/4c. Dec wheat/corn trades from 2.01c to 2.05 1/2c. Jan/March beans trades from 14 1/2c inverse to 15 1/4c, but still finds prices well under the 29c high. Dec/March meal inverse trades to a new high of $22.10 from $19.80. PALM OIL Malaysian Dec. cash offers for RBD palm and olien down $12.50/mt at $795.00/mt, and $797.50/mt, respectively. NEWS Stocks remain soft as the uncertainty of the election coupled with rising covid cases...
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
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.