Paraguay is still looking for soybean demand with offers at 38/40 SK for April-May and 42 SN for June-July shipments. Meanwhile, the market in Brazil has been moving very slowly. Demand for the spot was covered in general, and buyers are now focused on the deferred positions. Soybeans It was a slow start for Argentina this week with no trades shown for the last seven days. Famer selling is still sluggish, and projections are divided. Some think this pace will continue with basis remaining at currents levels or higher, while others believe China will wait until April when beans arrive with farmers and exporters selling on basis close to 0 SN for April and May positions. Shipment capacity in Argentina for these two months is about 4 MMT, an...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
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.