GOOD MORNING, Prices overnight generally were steady after a week of pressure. It is report day and the market has priced in a lot of bearish news, putting the onus on the bears to find something to take us much lower. If we go there, think there will be a lot of anxious end-users waiting to get something on the books. The liquidating length in corn and soyoil sets the sell-the - bearish expectations, (of the report), buy-the-fact scenario. We will see how this one plays out, but sometimes the August or September report can put in motion harvest lows. Soyoil futures broke on the back of weaker energies, and the fact that China announced they might sell soyoil from their reserves. In the Gulf, the...
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.