CBOT ag markets found more support on Tuesday as traders prepare for Thursday’s WASDE report and as hope is emerging that various trading partners will be able to negotiate an end to the new Liberation Day tariffs. Certainly, China and the EU are not looking to make a deal, and that is a problem for ag markets, but other countries are looking to end the tariff war, which is a good sign. Too, the U.S. dollar has dropped lower over the past several sessions, which makes U.S. exports more competitive despite the retaliatory tariffs. The day’s trade also held a sense that futures were a bit oversold and due for a correction, which helped ease some of the selling pressure. Commercial demand has so far been largely absent on the recen...
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.