GOOD MORNING, Prices are higher across the board except for wheat. Bullish trends remain intact with corn and bean prices continuing to find support on Chinese business with talk that they are asking for Feb. bean prices. AgResource projects that Chinese bean imports on the year will be a record 110 mmt, vs. USDA at 100 mmt, with some private analysts estimates at 103-105 mmt. There were also rumors this week that China purchased ethanol as well. Asian markets are higher this morning, with continued good crush margins. Corn futures prices in Brazilian Reals hit a fresh record high, supported by the weak currency and rallying US prices. Canola prices climb to new contract highs supporting a strong s...
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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.