SPREADS Sep. crush trades down to 1.15c/bu while oilshare trades lower to 45.92%. Sep/Dec corn trades from 1 1/2c to 2c carry, while Dec/March trades out to 8 1/4c from 7 3/4c. Sep/Dec wheat trades from 13 3/4c to 14 1/4c carry. Dec wheat/corn trades down to 1.69 1/4c from 1.78 3/4c. August /Nov bean reaches a high at 92c from 86c, while Sep/Nov inverse strengthens to 9c from 7 1/4c. Nov/March bean trades from 1/2c to 1 3/4c carry. Sep/Dec meal trades from $1.70 out to $2.30. PALM OIL Oct. down 77 ringgits/mt with cash prices down $10.00/mt. NEWS Stocks are lower down 62 pts with the feature of the morning that of weaker crude oil, which trades down to $65.15/barre...
What You Need to Know Today: American and Mexican officials met Tuesday and will meet again Wednesday for another round of trade talks, where ag and energy will be a key topic. Another round is scheduled for 20 July. Ag groups are urging President Trump to renew USMCA for another 16 years, but...
Since the first U.S. case of New World Screwworm (NWS) was confirmed on 3 June, USDA has confirmed 12 cases. The latest was confirmed in a sheep on 12 June, with four additional cases confirmed in Texas on 11 June, three in cattle and one in a goat. The New Mexico case confirmed that the infect...
Key Takeaways: China has invested heavily in the Port of Chancay to strengthen trade links between South America and Asia. The port could reduce shipping times to China by up to two weeks and improve export competitiveness. Inland transportation infrastructure remains the primary obstacle to r...
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.