There are days in the commodity markets when it feels like nothing is happening in any market, and then there are days when it feels like everything is happening in every market. Today was one of the latter days. The big headline in ag trade Wednesday was the soybean futures and broader soy complex rally after President Trump said he asked China to buy another 8 MMT of soybeans for 2025/26, bringing the Middle Kingdom’s purchase commitment to 20 MMT. That unexpected and undeniably bullish move sent soybeans unquestionably higher, with funds rapidly exiting shorts and procuring longs. While there are many questions about whether China thinks it will buy another 8 MMT or not, the futures market’s reaction was “buy now,...
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.