SPREADS Jan crush trades down to 98c/bu, under 1.00c/bu, around 40c off its highs. Oilshare trades down to 32.36% in a correction. Dec/March corn trades into 6 1/2c from 7c while the Dec/Dec inverse falls to 9 1/2c from 15 1/2c. Dec/March wheat trades from 4 1/2c carry to 5 1/2c. Jan/March bean spread trades out to 2c carry from 1/2c. Dec /March meal inverse trades down to $2.30 from $4.00. PALM OIL Feb. palm oil down 75 ringgits closing at 3,251 ringgit/mt. Cash offers were down $10/mt. SGS forecasts palm oil exports for Oct. 2020 at 1.714 mmt of product, up 6.9% vs. Sep. exports. NEWS Stocks are up 300 pts. as the promise of more vaccines appears ready to be approved. ...
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.