Soybeans Market Overview The soybean market was quiet last week due to the combination of the Chinese New Year and the spreading coronavirus. The Dalian futures market was closed as the Chinese celebration of the Lunar New year extended from last Friday through this morning’s open. In fact, today’s trade featured no night session for the Dalian exchange. On the demand side, China is out of the market with crushers scared to take any position, given the potential for decreases in soyoil and soymeal demand due to the virus. China has set up a quarantine that forbids citizens in many Chinese cities from taking public transportation etc. This has lowered Chinese consumption significantly at a time when the...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
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.