SPREADS Sep. crush trades down to 82.30c/bu while oilshare trades up to 32.80%. Nearby spreads remain firm. Jul/Dec corn narrows into 12 1/2c from 13c, while July/Sep trades from 4 3/4c to 5c. July/Dec meal narrows into $6.90 from $7.40. July/Nov beans firms into 4 3/4c from 5 3/4c. Sep wheat/corn trades from 1.58 1/4c to 1.56 1/2c. PALM OIL Ends flat on more expectations for a second wave of the virus. NEWS Stocks are 185 pts lower with the US dollar trading up to 97.38. Crude oil trades to $38.53/barrel. 1.5 mln laid-off workers sought jobless aid, an 11th straight weekly drop as the economy increasingly opens. CALLS Calls today are as follows: beans: 1 1/2-2 higher meal: ...
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...