The biggest news today was a report that Chinese state-owned enterprises purchased nearly 2 MMT of soybeans from the U.S. Early reports said 12 cargos (0.5 MMT) were arranged for shipment between January and March, while later reports have pegged the figure as high as 30. The soybean market reacted in accordance with the adage “buy the rumor, shrug off the fact”, and promptly did nothing after the report surfaced. The market’s attitude seems to be one of “That’s nice, but we need a lot more to get excited”. Late afternoon cash trade, however, has a stronger tone and CIF soybean values are rising. Outside the soybean market, corn futures were steady/higher on limited news while wheat continue...
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.
The magpie goose (Anseranas semipalmata) is the sole living representative species of the family Anseranatidae. This waterbird is found in northern Australia and southern New Guinea.[2] The species is not truly migratory but it sometimes travels large distances to find food and water, especiall...
The common ostrich (Struthio camelus), or simply ostrich, is a species of flightless bird native to certain areas of Africa (and historically, Arabia) and is the largest living species of bird. The common ostrich is one of two extant species of ostriches, the only living members of the genus St...
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A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...