GOOD MORNING, Trading ranges continue as the mission of the market is to now establish value levels that make sense given the bearish environment brought on by Covid-19. Beans: On the supportive side, beans continue to see value on breaks as China business surfaced last week, and traders await signs of further business. Capping off gains are currency issues, as the weaker Argentine Peso and Brazilian Real create more farmer selling. Weakness in the Brazilian economy is fueling a weaker currency, which not only kicks off more farmer selling, but is an incentive for the farmer to plant more next season. The Brazilian Real plunged last Friday sparked by the resignation of Brazil's Justice Minister Se...
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.