World Perspectives
soy-oilseeds

Oilseed Highlights: Close but no Cigar

The Market The May soybean contract trade above $12 several times this week intrasession but could not hold that number at the daily close. Nonetheless, the close Friday at 1198.25/bushel was a 1.2 percent rise for the week. That is 6.1 percent above the February low of 1128.5/bushel. May soyoil climbed an impressive 7 percent to 49.42/pound but May soymeal dropped back 1.96 percent to 334.7/ST. Canola followed other oils and rose 2.4 percent on ICE futures to 630.8/MT. Export sales were lower and pushing the price too high prevents U.S. soybeans from competing with large impending South American crops. It is the large domestic crush that continues to undergird the market. 

The slow rise in soybean prices prompted speculators to sh...

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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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