GOOD MORNING, Prices were mixed for most of the session, with grains firmer against soy, but leaned lower into the close as the soy complex posted additional losses led by beans and soyoil. Grains are firmer. Corn and wheat spreads are also firm, while bean spreads have traded out to new lows. Buy grains/sell the soy complex trade dominates the space, along with more profit-taking in oilshare. The wheat market continues to trade with higher volatility as prices traded towards the $6.00 benchmark in March which touched off a round of profit-taking yesterday, and in the process placed a first corrective trade off the high. The $1.35 rally from the low of Sep. 3 to the high of $5.92 3/4 has been a consiste...
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.