GOOD MORNING, The markets begin higher across the board this morning on the news that cancellation of US farm visits did not correlate with the stoppage of US / China negotiations. Han Jun, deputy director of leading Chinese rural working groups, described last week's talks as constructive and could pave the way for October meetings. He also stated that China is willing to expand agricultural trade between the two countries. News headlines, both positive and negative, are bringing more definition to the current sideways trading ranges. For the day, the more positive rhetoric and perhaps more bean purchases brings an adjustment to the previous buy grains/sell soy spread trade. REPORTS Price...
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.