Finally, some stability seemed to creep into grain and soy futures markets – a least for a day. Prices stayed rather close to yesterday’s closes in overnight trade, and they even managed to finish mostly in the green as the day session ended. To be sure, they were unable to hang on to the peak gains of the day, but positive closes, no matter how small the gains may be, deserve to be noted these days. Chicago July wheat closed up 3 cents but 2 cents below the session high. KC wheat showed the least movement and finished mixed, and MGEX wheat settled with small gains. July and December corn both closed up 1.25 cents and more than 2 cents below session highs. Soybeans were a winner today with most contracts closing up 4 cents but m...
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.