GOOD MORNING, Major events that traders will focus on this week include: weather, US/China trade negotiations, and the October 10 USDA WASDE report to be released at 11:00 Chicago time. General expectations for the WASDE include yield reductions for both corn and beans. Major question will be, did the stocks number already pencil in some of those reductions with the recent rally behind us, and the brunt of harvest ahead. Major trends are sideways/higher post stocks report, and funds have spent the majority of last week covering in some of their short positions. Commitment-of-Trader's report as of October 1 futures/options combined disaggregated managed money positions: beans: net short 8,730 meal: net...
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.