SPREADS Sep. crush trades higher to 80.65c/bu while oilshare trades to 33.87%. The nearby August /Nov bean inverse still remains firm at 9 1/4c, though has backed off from its high of 11c. Sep/Nov trades 1/2-3/4c carry. The Sep/Dec corn spread has widened out to new lows at 10 1/2c. Sep/Dec wheat trades from 5 3/4c to 6 1/2c. Sep. wheat/corn trades from 2.09 1/2c to 2.09 1/2c. PALM OIL Oct. up 41 ringgits. NEWS Stocks are slightly higher today up 39 pts with crude oil prices trading u[ to $41.56/barrel. The big money is still buying gold and selling the US dollar. CALLS Calls today are as follows: beans: 2-4 lower meal: 1.50-1.80 l...
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.