World Perspectives
soy-oilseeds

Oilseed Highlights - Happy Times

The Market The market lost faith on Tuesday as soybeans lost double digits in the nearby futures contracts, supposedly over worries that exports were too slow with a Chinese pullback. However, by the time of Thursday’s USDA Export Sales report, all was fine, and more value was added to the complex than it had lost. For the week, November soybeans gained 11.75 cents and sit at 1395.50/bushel, December soymeal was up $6.80 to 417.90/ST, and December soyoil is up just over a penny at 71.50/pound. 

Convergence is occurring in pricing as Brazil’s FOB rate is dropping and is now just under $600/MT at the same time U.S. FOB prices are working higher. 

Export Sales Traders had high expectations of the volume of soybean...

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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.

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