Soymeal, HRW, and beef closed higher today but for everything else it was more of what was seen on Tuesday and Wednesday. Spring has sprung and crops will start going into the ground at a fast pace. Planting could be overall early and that often leads to bonus yields, assuming normal weather the rest of the way. What the market recognizes is that the supply replenishment that is wrapping up in Brazil is off to a good start in the Northern Hemisphere. Though funds remain long in soybeans, the overall sentiment is to take profits and ride this thing lower to more normal pricing. It is not being bearish but rather realistic. The floor isn’t going to fall out, but the abnormal situation of the past couple of years is likely o...
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.