SPREADS Dec crush trades down to new lows at 84.14c/bu, while oilshare trades to 45.10%. Dec/March corn trades into 8 3/4c from 9 1/4c. DecMarch wheat trades from 10 1/4c to 11c. Dec wheat/corn trades from 1.73c down to 1.69 3/4c. Nov 21/Nov 22 trads from 26c inverse to 32c, starting at a weaker level. Nov/Jan bean spread trades from 8-8 1/2c. PALM OIL Nov. up 42 ringgits at 4,320 ringgit/mt. NEWS Stocks are up 180 pts as crude oil rallies on tight supply concerns once more. Crude oil trades to $70.78/barrel with the US dollar at 92.88. CALLS Calls are as follow: beans: 3-5 lower meal: 1.80-2.00 lower soyoil: mixed corn: 5 1/2-6 1/2 lower wheat:&...
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.