GOOD MORNING, Prices are trending lower for oilshare overnight as energies trade off, along with lower canola. Grains are firmer while the soy complex remains fairly close to settlement prices. Rumors continue to circulate that China has been around the US bean market for possible Oct/Nov shipment, and the last purchase from them was seven weeks ago. Meal saw support near trading range lows as talk that China has been active in the meal market. More guesses will be released in front of the August 12 WASDE report. For now, the ranges for bean yield and corn seem to be all over the place, but USDA will have the last word. USDA may continue to see how harvest goes before making a commitme...
What You Need to Know Today: American and Mexican officials met Tuesday and will meet again Wednesday for another round of trade talks, where ag and energy will be a key topic. Another round is scheduled for 20 July. Ag groups are urging President Trump to renew USMCA for another 16 years, but...
Since the first U.S. case of New World Screwworm (NWS) was confirmed on 3 June, USDA has confirmed 12 cases. The latest was confirmed in a sheep on 12 June, with four additional cases confirmed in Texas on 11 June, three in cattle and one in a goat. The New Mexico case confirmed that the infect...
Key Takeaways: China has invested heavily in the Port of Chancay to strengthen trade links between South America and Asia. The port could reduce shipping times to China by up to two weeks and improve export competitiveness. Inland transportation infrastructure remains the primary obstacle to r...
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.