GOOD MORNING, The wheat and soyoil markets took center stage this week advancing to new highs for their trading ranges. Chicago wheat continues to be a technical affair, as shorts continue to feel the pinch of higher prices and technical resistance fails to hold. This week's wheat rally can also be tied to the weaker US dollar, courtesy of the big money flows unwinding recent buy the US dollar/sell the British pound, among other currencies. Wheat and beans continue to gain on corn, which has put in rather compact trade after achieving its target high based off bullish formation patterns, and the Dec wheat/corn spread has rallied nearly 32c. While there is plenty of world wheat, the focus of the market...
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.