Dec 20 Corn closed at $3.2625/bushel, down $0.0375 from yesterday's close. Sep 20 Wheat closed at $5.3275/bushel, up $0.0925 from yesterday's close. Nov 20 Soybeans closed at $8.8525/bushel, down $0.0225 from yesterday's close. Dec 20 Soymeal closed at $295.8/short ton, down $1.7 from yesterday's close. Dec 20 Soyoil closed at 30.06 cents/lb up 0.14 cents from yesterday's close. Oct 20 Live Cattle closed at $106.05/cwt up $1.05 from yesterday's close. Aug 20 Feeder Cattle closed at $141.975/cwt up $1.275 from yesterday's close. Aug 20 Lean Hogs closed at $53.075/cwt down $1.125 from yesterday's close. Sep 20 WTI Crude Oil closed at $41.28/barrel up $0.24 from yesterday's close. ...
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...
Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than previously thought. Energy Secretary Chris Wright, speaking by video to an international energy conference in Riyadh, Saudi Arabia, said that oil moving through the strait was back to 80 to 90 percent...
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...
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.