GOOD MORNING, Prices for the soy complex are mixed, with beans lower, products trading both sides. Oilshare is seeing some profit-taking on the back of lower palm and crude. Grains are mixed with wheat higher to begin the session, but all turn positive by the end of the PM session. The September Quarterly Stocks report was bearish beans and corn, and friendly / bullish wheat. The report was decidedly more bearish beans than corn, which could set off a buy corn/sell bean spread trade. Since prices were on nice rallies into the Sep 30 report, the aftermath of a bearish report was a set-up for a buy -the-report, sell -the- fact trade. The bean number was a surprise, and since that market...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
What You Need to Know Today: Iran says its definition of the Strait of Hormuz is now a “vast operation area” that stretches from Jask to Siri Island. The White House said President Trump did not sign a suspension of the TRQs on beef imports but is “finalizing potential...
If the media headlines and Trump critics are to be believed, President Trump is headed to Beijing this Thursday in a weakened position. China is in control, it has the upper hand, and expectations are very low. These are the same critics that argue against overly simplistic zero-sum analyses in...
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.