GOOD MORNING, Prices are higher across the board with new contract highs in soyoil, canola, and beans. November beans hit new contract highs at $12.65 1/4, while December corn hits a new contract high at $4.85 3/4. May oilshare jumps to 38.40%, new highs. China continues to purchase oils; Chinese customs data released Sunday shows that for Jan and Feb, vegoil imports totaled 2.04 mmt, up 48% from year ago. Palm oil is higher as well. Higher trends based on continuing excess dryness in Argentina and too much rain in Brazil. Some analysts may be lowering corn and bean estimates in SA again as a result. The vaccines and a return to normal consumption implies that demand is going to remain steady, so even w...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
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.