General Comments In a letter to interested parties, the CME announced that even though it is still in the midst of surveying customers on trading hours, it has seen enough to decide to reduce trading time for grain and soy complex futures. The CME has not decided what the precise changes will be. Effectively, the company is saying that it will change its grain and soy trading hours, but stay tuned to learn what the changes will be. Last year it expanded trading from 17 hours to 21 hours when the ICE launched all electronic grain and soy futures contracts with the extended trading hours. The CME also said it is willing to consider some sort of a trading recess while important government reports are released as long as its competitors do t...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.