GOOD MORNING, Charts feature a gap-lower open in corn, beans, meal, and wheat this morning as global markets continue to be impacted by the spread of the coronavirus, with negative spread trade as well. Asian markets are closed for the Lunar New Year celebrations for this week, with the gov. extending its Lunar New Year holiday by 3 days to Feb 2. Total number of confirmed cases in China are 2,744, with 81 deaths. All the market saw red on Friday, as funds entered a round of selling across the board, and this morning global markets are lower in what appears to be a risk-off macro day of selling across the board, which are over-flowing into the Ag space. Traders continue to hunt for signs of Chinese business,...
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.