The CBOT ended mixed on Tuesday as traders parsed through a slew of different data points. Perhaps the most influential news for the day was private crop analysts’ upward revisions to the Brazilian and Argentine corn crops, which combined with a strong start to planting the U.S. 2025 crop pressured corn futures. Wheat also struggled to find traction for the day with funds emerging as sellers again despite too-wet conditions for the SRW crop. Soybeans were the one grain/oilseed market to see higher trade, and that seemed to be primarily related to cautious technical buying and the recent uptick in call options trade. The big winners of Tuesday’s trade were livestock futures, where the strong recovery in U.S. stocks boosted hopes...
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.