GOOD MORNING, Commodities and equities are rallying today, with across -the-board buying activity in both. Strong outside markets are fueling a further short-covering rally in the soy complex and grains. Prices continue firm, well supported with higher oilshare a major feature on the board. This morning, soyoil futures continue to rebound on the back of a sharply higher palm oil market, even as meal prices are pressed back to test contract lows. Beans push into key resistance as grains congest, gaining on corn. Wheat also gains on corn. In China, the spread of the virus has led to strong localized demand of grain, livestock, and feed productions with cash corn and meal prices rising amid cha...
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.