There may be fireworks over New York harbor tonight, but there weren’t any at the CBOT today. The market remains torn between slow U.S. exports, possible increases in Chinese demand, good South American weather, and rising wheat/vegoil prices around the world. Today’s trade opened with additional profit taking in energy markets working against soyoil and end-of-year adjustments to other commodity futures positions leaving the CBOT mostly flat. The CBOT will be closed tomorrow for the New Year’s holiday and will resume trading on 2 January 2020. Perhaps the biggest news item of the day was one that left no discernable impact at the CBOT. This morning, news broke that President Trump and Chinese officials (likely Vice...
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.