Final planted numbers are unknown until late this month and the spread on that outcome is wide, but weather is only a theoretical threat to what could be a big U.S. crop. USDA’s weekly Crop Progress report was released after the market close, but the crop conditions were already viewed as very good. It was a second straight session with most contracts lower except soyoil and hogs, which found a way higher. The wheat crop got more news late today on why its price is falling. But first - a dozen private analysts surveyed by Reuters expected the corn and soybeans rated Good/Excellent to each fall by 1 percent to 73 percent and 71 percent, respectively. However, both dropped 2 percent but still are categorized in historicall...
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.