SPREADS March crush trades to 93.18c/bu while oilshare trades back over 33.0% to 33.22%. Spreads firm this AM with Jan/March beans trading into 4 1/2c carry from 5c. Jan/March meal carry trades from $2.20 to $2.50. Dec/March corn trades into 1c from 2 1/2c, as there are still no deliveries. July/Dec corn inverse trades up to 18 1/4c from 17c. March wheat/corn trades from 1.72c down to 1.63 3/4c, and vs. lows at 1.50c. PALM OIL Feb. palm closes up 47 ringgits, up 1.8%. Malaysian Palm Oil Board data for Nov. pegged oil ending stocks at 1.56 mmt, down 0.6% from month ago. Palm exports in Nov. were down 22.2% to 1.30 mmt from Oct. Production in Nov was estimated at 1.49 ml n mt, dow...
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.
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...