GOOD MORNING, Prices are mixed this morning, though all are sitting close to trading range lows except soyoil. The uncertainties of upcoming trade talks between China and the U.S. plus large crops continue to weigh on beans. Officials in the Trump administration are reportedly recommending the delisting of Chinese companies by 2022 if the companies' audit documents cannot be accessed by US audit watchdog groups. Export bean sales continue to support beans, which try to break but continue to find support at trading range lows. A weaker Brazilian Real continues to result in more production and larger acreage expansion for the 20/21 bean growing season, which is set to begin in Sep. Soyoil prices are lower...
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.