SPREADS Dec. crush trades to 1.23c/bu while oilshare trades below 31.0% to new lows of 30.89%. Spreads remain strong with Dec/Dec trading to a 12c inverse from 8 1/4c, while Dec/March trades into a new high at 3c to 4c. Dec/March wheat inverse to 1 1/4c inverse from carry. Dec wheat/corn trades from 2.16c down to 2.11 3/4c. Nov/Jan trades either side of even, closing at a slight carry. November liquidation continues as prices head into mid-Oct. Jan/March inverse trades from 16 3/4c high this AM to 13 1/2c. Dec/March wheat trades from $15.90 inverse down to $14.00. PALM OIL Dec. closed up 3 ringgits. Palm oil imports by India slumped by 27% on YOY terms to 643,994 mt, according t...
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.