The CBOT was mixed on Tuesday following Monday’s drubbing across the grains and oilseeds markets. Tuesday saw continued selling pressure in the soy complex as funds turn increasingly bearish amid a favorable supply outlook for 2025. The grains sector saw a bit more support with wheat rising 4-5 cents on short covering and some technical bottom-picking with values near contract lows. Corn futures saw bull old crop/new crop spreading as old crop export demand from South Korea surged and surprised the market. New crop futures remained under pressure from the 2025 supply outlook with larger U.S. acres and favorable weather so far. Too, Monday’s Crop Progress report was as expected and showed ahead-of-normal planting progress for cor...
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.