GOOD MORNING, Prices are higher across the board this morning as more technical buying continues in beans, wheat, and soyoil, and short-covering in corn. Export sales will be delayed until Friday, at which time we also will get the very important January 10 WASDE final, along with Quarterly stocks. Here are the advertised guesses in front of that report: CORN: US 2019 Corn: Production: 13.5 bln bu vs. 13.661 bln bu in Nov. Ending stocks: 2019/20 at 1.7 bln bu vs. 1.9 bln in Dec. Yield: 166.2 bpa vs. 167.0 bpa in Nov Harvested: 81.35 mln acres, down from 81.815 mln acres 2019/20 Argentine corn production is estimated at 49.6 mmt, vs. Dec at 50.0 mmt. 2019/20 Brazil corn productio...
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.