SPREADS Dec crush trades to 86c/bu while oilshare trades at 45.44%. Dec/March corn trades from 7 1/2c to 7 3/4c, while Dec 21/Dec 22 trades from 26c inverses to 24 1/4c. Dec/March wheat trades from 10 1/2c carry to 11c. Dec wheat/corn trades from 1.99 1/2c down to 1.84c. Nov/Jan bean spread trades from 8 1/4c to 8 3/4c carry. Nov21/Nov 22 bean spread trades from 36 1/2c to 33c. PALM OIL Nov. down 73 ringgits at 4,367/mt. NEWS Stocks are 30 pts lower with crude oil trading to $72.72/barrel due to the slow recovery in the Gulf. The US dollar trades down to 92.76. CALLS Calls are as follows: beans: 6-9 lower meal: 1.80-2.20 lower soyoil: 35-45 lower corn: ...
What You Need to Know Today: Crude oil prices dropped sharply with traffic flowing through the Strait of Hormuz. There were reports that Iran was behind an attack on a cargo ship near the coast of Oman, which would be a violation of the memorandum of understanding between the U.S. and Iran. Pr...
On Wednesday, the White House submitted a national security supplemental spending request for $87.6 billion. The majority of the request includes funding for the conflict in the Middle East, but there are agricultural provisions as well. The supplemental funding package includes more than $11 b...
Can we really expect a bushel of corn to carry an environmental passport throughout the entire food system? One that reliably documents its carbon footprint, biodiversity impacts, water use, soil carbon, and other environmental attributes all the way from the farm field to the consumer? This is...
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.