Grain and soy markets turned slightly weaker as trading resumed last night. That continued into the day session this morning, and it soon accelerated under selling from both commercials and funds. General Comments Grain and soy markets turned slightly weaker as trading resumed last night, responding to weather forecasts that were somewhat drier with more seasonal temperatures. Some showers will return to the southern and eastern Corn Belt late this week, but there will be a few days of respite and planting opportunity in the meantime. China has been on its Dragon Boat Festival holiday and will return to work overnight. The overnight weakness continued into the day session this morning, and it soon accelerated under selling from both comme...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than previously thought. Energy Secretary Chris Wright, speaking by video to an international energy conference in Riyadh, Saudi Arabia, said that oil moving through the strait was back to 80 to 90 percent...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
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.