GOOD MORNING, Prices are firmer this morning on weather, constructive chart price action, higher markets elsewhere, tenders, export restrictions, and harvesting delays in Brazil. The delays could possibly turn China back to the US for bean business in 2021 for a longer than usual time period. Brazil's bean shipments in January were 28 times lower than year ago at 49,500 tons, Brazilian trade data showed. Argentina's weather also turns drier over the next few weeks, which is supportive as well. Most of all, the funds have not changed their stance for grains and soy, maintaining long positions across the board. Beans and soyoil start the session with gap-higher opens, as soyoil sprints to new contract hig...
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.