SPREADS March crush bounces back to trade to 87.11c/bu with oilshare at 33.51%. July/Dec corn trades to a new inverse high at 58 1/4c with a low of 52 1/4c. March/May wheat trades around even. March/May beans trade from 2c inverse to 3/4c. March wheat/corn trades from 1.54c to 1.62c. PALM OIL March palm oil closed up 120 ringgits higher to new contract highs. Oilseed analyst James Fry told a group that he does not expect worldwide palm oil distribution to stay at trend growth and reach the 6.0 mmt level, attributing the shortfall to labor issues and weather disruptions. SGS estimated palm oil exports for Dec 2020 at 1.624 mmt, up 16% vs. Nov. Palm oil futures are at 10-year high...
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...
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.