April Trading Volume Falls on Lower Feed Demand Following a blistering first quarter, futures trading volume on the Dalian Commodities Exchange (DCE) fell by nearly 19 percent to kick-off the second quarter of 2021. Across all ten agricultural futures categories (this analysis excludes fiberboard and blockboard, which comprise the DCE’s agricultural futures products), monthly trading volume in April was down from March. Leading the decline were futures contracts for live hogs, eggs, round grain rice, and soymeal, which saw their volumes decline by 38.8 percent, 32 percent, 31.9 percent, and 23.5 percent, respectively. In total, monthly volume amounted to nearly 102.86 million lots. Soymeal, soyoil, RBD (refined, bleached, and deodor...
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.