The MarketThe January soybean contract has been sliding all week and despite support at the 20-day moving average of $10.01/ST, it closed today below $10/bushel for the first time this month. The reasons are many including: a rising dollar value, 2) large impending South American production, 3) the near finished harvest of a large U.S. crop, 4) a possible trade war, and 5) uncertainty about future biofuel policy.11142024oilseeds_beans.png 797.43 KBDecember soymeal has stair stepped its way down to a new contract low at 285.9/ST. With an RSI at 28, the contract is oversold. 11142024oilseeds_meal.png 711.21 KBThe December soyoil price has had the sharpest drop this week, falling 8.87 percent and is now below the 20-day moving average. 1114202...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.