The soy complex was the upside leader again on rumors of Chinese purchases of U.S. soybeans from the PNW, as well as some harvest and quality issues in Brazil. Soyoil continued to find support from hopes that the EPA will release its biofuel policy obligations in the coming few days, though no specific report or release date has been scheduled yet. Soybeans are in a demand-led rally right now, though WPI has doubts as to how long exports will remain a supportive factor. The grains, corn and wheat, were unable to follow soybeans and the soy complex on Tuesday. Partly due to bull soy/corn and soy/wheat spreading and partly due to the grain complex’s more bearish fundamentals. Wheat looks increasingly priced out of the global expor...
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.