Walter Cronin

Walter was the Chief Commercial Officer at Green Plains Inc. until August 2021. From August of 2015 until January of 2020 Mr. Cronin served as the Executive Vice President for Commercial Operations. Prior to that, Mr. Cronin was the Chief Investment Officer of Green Plains Asset Management LLC. GPAM is a wholly owned subsidiary of Green Plains Inc.(NASDAQ: GPRE). Mr. Cronin has served in that role since November 2011. Mr. Cronin served as Executive Vice President and trading principal of County Cork Asset Management from April 2010 to November 2011 when it was merged with GPAM. Mr. Cronin acted as a consultant to Bunge Limited (NYSE:BG), a multinational grain trader and oilseed processor, for which he served as a consultant developing trading and risk models for agricultural futures trading from September 2004 through March 2010. From February 1997 through June 2004, Mr. Cronin co-managed the Crush, Fundamental, and Ag-Spread programs at Kottke Associates, a commodity trading advisor based in Chicago. Prior to that time, Mr. Cronin was a member of the Chicago Board of Trade and managed the commercial grain operations for RJ O’Brien Futures from November 1994 through January 1997. From August 1989 until October 1994, Mr. Cronin traded grains and managed grain facilities in multiple locations for Continental Grain Company, and from February 1988 through May 1989, Mr. Cronin worked for the Henning and Krajewski clearing firm at the Chicago Board of Trade. Mr. Cronin served as a Peace Corps volunteer in Kenya from September 1985 through December 1987. Mr. Cronin received a BA from the University of Santa Clara in 1985

A Battle in the CME Soybean Oil Market

  • Several trade houses have been positioning aggressively in soybean oil futures.
  • Soybean oil spreads remain firm.
  • The trade may have divergent views on oil demand.
Walter Cronin

Walter Cronin

3 weeks ago

5 min read

A Change in Direction for Soybean Oil Futures?

  • Soybean oil futures cost of carry incentivises demand.
  • US soybean processing is at its second-highest level ever.
  • This may not be enough to meet demand from the food and renewable biomass industries.
Walter Cronin

Walter Cronin

2 months ago

5 min read

How Will China Import Enough Soy in 2023?

  • Argentina’s soy harvest will be the worst in 23 years.
  • American soy acreage is unchanged this year.
  • The USDA expects record Chinese soy imports this year.
Walter Cronin

Walter Cronin

2 months ago

1 min read

Argentine Soy Production Collapses; What Now?

  • Argentina looks set to grow 25m tonnes soybeans this year.
  • That’s half the level forecast for this crop 11 months ago.
  • The market will need Brazil’s huge soy crop to compensate.
Walter Cronin

Walter Cronin

3 months ago

6 min read

A Momentous Year for South American Soybeans

  • Brazil’s enormous crop will test processing and logistics industries.
  • Argentina may continue to import Brazilian soybeans for processing.
  • China, the world’s largest soy importer, is increasingly dependent on Brazil for supplies.
Walter Cronin

Walter Cronin

3 months ago

6 min read

Brazil Prepares For Large Soy Exports in 2023

  • Brazil will have one of its largest soybean crops on record in 2023.
  • Already soybeans are being shipped to Argentina, which is unusual.
  • Might they also be exported to the USA this year too?
Walter Cronin

Walter Cronin

5 months ago

6 min read