GOOD MORNING, Quiet markets are subject to quick bounces and breaks. Yesterday, what was a quiet atmosphere suddenly turned higher as trade war news headlines splashed again, this time not from the US, but from China. The South China Morning Post reported that China is expected to buy more US agricultural goods in hopes of delaying a series of tariffs that will take effect in October and December, as well as ease the supply ban against Chinese telecom giant Huawei Technologies. The fact that China made the statement they will purchase more US beans, betting that it’s a good faith statement to open doors on meat exports as well, got the attention of the algo traders who were quick to buy something. Today, China announced it wil...
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.