GOOD MORNING, Prices continue to congest and define their trading ranges. Beans are firmer with reports of China hanging around the bean market once again, perhaps due to the lower export basis last week. Cash markets last Friday were slightly weaker for corn and beans. In terms of reports, we get the October NOPA crush report at 11:00 central time. Advertised expectations are for crush to come in at 177.2 mln bu, (which would be the largest Oct. crush on record), vs. 161.49 mln bu in Sep. Soyoil ending stocks are forecast at 1.448 bln lbs vs. 1.433 bln lbs, and vs.1.423 year ago. Argentina's politics come to the fore, with stalled salary negotiations involving the crusher's uni...
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.