SPREADS August crush trades at 83.02c/bu while oilshare trades to 32.55%. Rolls begin today. July/Dec corn trades from 13 1/4c to 13 3/4c, while July/Sep trades from 4c to 4 1/2c. July/Nov beans trade from 8 1/2c out to 9 1/2c. July/Dec wheat trades from 12 1/2c to 13 1/4c. July wheat/corn trades from 1.98 1/4c to 1.93 3/4c. PALM OIL - August up 25 ringgits on Malaysia's move to suspend export levies until December, a jump in shipments and hope of higher demand following the re-opening of restaurants and schools. NEWS The stock market rose is now up over 580 pts. Non-farm payrolls rose by 2.5 mln, with the reading a surprise and higher than expected. US unemployment...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.