SPREADS March crush trades to 97.54c/bu while oilshare trades to 32.44%. Jan/March beans trade at a 1 1/2c-2c carry. Dec/March corn trades from 4 1/4c to 4 3/4c as there are no corn deliveries. March/May corn trades from 2 1/4c to 3c. March wheat/corn trades from 1.65 1/2c down to 1.59 1/2c after a round of profit-taking yesterday. PALM OIL Feb. crude up 13 ringgits at 3,329 ringgit/mt. Indonesian Palm Oil Assoc head said they expect 2021 production around 49.0 mmt, up from 2020 production at 47.4 mmt. Exports next year are round 36.0 mmt vs. 32.3 mmt forecast for 2020. NEWS Stocks are up 33 pts. with new lows in the US dollar, which trades down to 90.63. CALLS Calls today a...
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.