GOOD MORNING, The theme of choppy March price action continues, as inverses remain under pressure. The exception to weakness is wheat and soyoil., the latter of which continues on a one-way path higher, but finally caves this morning to open weaker. China's Dalian vegoil futures traded sharply higher today, with palm oil higher as well. Meal makes a one month low on continued soyoil/meal trade. Early spread trade features buy wheat/sell corn and buy soyoil/sell meal. Beans will continue to respond to SA weather, and the latest production reports. While CONAB raised its Brazil bean production, Argentine production was lowered to 44.0 mmt by the BA Grain Exchange, (down 2 mmt). Argentina...
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.