GOOD MORNING, The markets are higher on demand, SA weather, and technical considerations. Beans are in the lead this morning posting new contract highs while wheat prices are trading just about even. Reports of Chinese purchases for corn and beans continued to filter throughout the trading community, though there were no USDA sales reports in the AM yesterday to confirm. Outside markets were positive for corn, with better energies helping corn and ethanol prices. While funds buy, farmer selling has slowed allowing prices to continue to rally. Soyoil posted new contract highs, approaching the 38c level as another Egyptian tender was announced for 30K soyoil. WEATHER --SA weather forecasts now appe...
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.