SPREADS Jan crush weakens to 1.11c/bu while oilshare is firm at 32.0%. Corn spreads are mixed as Dec/March narrows back into 9 1/2c from 10c lows, with some buying interest after the Goldman Roll in comlete. Dec/Dec corn inverse trades from 6 1/2c down to 3 3/4c. Dec/March wheat trades from 8 3/4c carry to 9c. November beans expires at noon today, with the Nov/Jan spread having moved out to a 10 1/2c carry from what was an inverse. Weakness spills into Jan/March inverse values, which are firmer trading from 3/4c to 1c, also finding some buying interest at these lows. Dec/March meal trades from $4.70 inverse find interest at the low of $4.70 with trade up to $5.00. PALM OIL Palm oil closes slightly lowe...
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.