With no new input on fundamentals, traders passively went through the day making only minor changes. Monday’s crop progress report will provide some input, and especially focus on the May 12 WASDE. It will be the first keen look at the balance sheets for MY 2025/26. It was the fifth week in a row for lower soymeal prices, and the fifth week in a row for higher soyoil prices. The weather remains mostly good, with widespread showers in U.S. growing areas this weekend, and a ridge forming next week that will raise temperatures but also carry storms along its edges. Brazil has scattered showers in central growing areas and the near to above rainfall of late has reversed early month concerns about drought. Argentina is g...
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.