SPREADS Dec crush trades firmer to 79.59c/bu while oilshare trades to 32 percent, where it could see some support. Dec/March corn trades from 11 3/4c to 12 1/4c, while Dec 19/Dec 20 is weaker trading out to 18 3/4c from 16 1/4c. Dec wheat/corn trades from 1.06 1/4c to 1.03 1/4c. Dec/March meal trades from $4.60 out to $4.90. Nov/Jan beans trade from 13c to 14c while Jan/March trades from 8 3/4c to 9 3/4c. PALM OIL Nov down 26 ringgits, following Chicago yesterday. Volumes low with China out on holiday. Malaysian cash offers for RBD palm oil traded down $7.50/mt. poll of analysts expected Malaysian August palm oil exports at up 1.7 percent vs. the prior month, and up 2.5 pe...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
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.