Monthly Summary June Activity Surge Led by Corn, Egg, Palm, and Soybean Futures After the slowdown in May, trading volumes for agricultural futures on the Dalian Commodity Exchange roared back in June as monthly trading volume rose by 34 percent. With a total volume of 93.41 million lots, June’s totals were up by nearly 88 percent from the previous year. Corn, egg, palm olein, and No. 1 soybean futures saw their trading volumes increase month-over-month by 32 percent, 83 percent, 29 percent, and 55 percent, respectively. Combined, these four contracts had a total monthly turnover of 57.2 million lots, accounting for 61 percent of June’s total across all agricultural futures on Dalian. As a share of the total trading volume on...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s Ministry of Supply reports that it will begin the sale of imported wheat through the Egyptian Mercantile Exchange. Sales are expected to be mainly to private-sector flour mills and are intended to stabilize wheat and...
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.