GOOD MORNING, Prices are on a back and fill mission, with trading ranges now being carved out from the top of the market. The key reversal in soyoil keeps prices on the defensive, while beans bounce back and forth in what could be a 20c -30c trading range. Traders want to see Chinese demand continue but the past few sessions have had fewer business announcements for beans. Corn announcements seem to have made little difference as prices work lower technically, but China has been on a buying spree and that is keeping pullbacks in check. Corn prices in China continue to soar as food inflation there has climbed to the highest in over a decade. China may have a shortfall in corn for 20/21 with traders looking at p...
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.