SPREADS Corn spreads are a big firmer with July/Dec at 2 1/4c from 3 3/4c. July/Nov beans narrows into 8 1/2c from 9c. March wheat/corn trades from 1 3/4c to 1 1/4c inverse. May crush firms to 1.04c/bu while oilshare falls to 34.13% as traders buy meal/sell soyoil futures. PALM OIL April palm closes 286 ringgits lower, down as much as 10%, the most in over a decade, on mounting concerns over the coronavirus in China that could impact demand, and the continuing feud with India, the largest importer of palm oil. Shipments to India could hit a 9-year low in Jan. NEWS Equities remain firm today with the Dow 140 pts higher. Crude trades up to $53.61/barrel, with the US dollar stronger at 98.10...
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.