GOOD MORNING, The markets continue to trade in defined ranges, with an overwhelming nod to chart stabilization yesterday. Corn trades to new contract highs this morning on technical strength and a solid week of export sales. Yesterday's trade featured a negative wheat trade vs. higher beans, and a strong seasonal for this trade actually begins next Monday. It could be that the February WASDE reinforces a buy bean/sell wheat trade, while soyoil futures may once again rally vs. meal. This morning, soyoil gains on meal backed by higher palm and the fact that Egypt purchased 58,000 soyoil at Wednesday's tender. Beans gain on corn, but these crops continue to vie for acreage. The overall bounce in...
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.