CBOT ag futures were highly mixed on Tuesday as traders recovered from Monday’s drubbing and limit-down move in soybeans and soyoil. At Monday’s close, the options market was suggesting soybeans and soyoil were trading significantly lower than the limit-down close permitted, but those theoretical losses were hard to find Monday. Rather, a stronger day in oil and energies supported the soy complex, with noted buying in new crop soybeans. That support spilled over into corn and kept the market from posting further losses. Wheat was the laggard for the day as fund and technical money continued to flow from the market following increasingly weak technicals. The war in Iran marked its 18th day on Tuesday, and there were a few n...
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.