SPREADS Sep. crush trades higher to 89.51c/bu while oilshare trades over 35.0% to new highs of 35.30%. Sep/Nov beans trades from 2 3/4c to 3 3/4c carry. Sep/Dec corn trades from 10 3/4c to 11c. Sep/Dec meal trades from $6.00 to $6.40 carry. Wheat spreads are wider, with Sep/Dec trading from 7 3/4c out to 8 1/4c. PALM OIL Oct. up 37 ringgits on expectations for lower July production and inventories. Palm touched its highest level since Feb. 10. Strong palm oil prices continue to support soyoil futures. NEWS The Dow is off 59 pts in early trade as crude oil congests around $40/barrel. The US dollar trades down to 93.27. CALLS Calls today are as follow...
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.