The CBOT largely reversed course from Monday’s trade with corn, soybeans, and soymeal all turning higher while wheat settled lower and soyoil extended its selloff. The soy complex is increasingly interesting due to the products, where soyoil is collapsing under weak technical trade and position liquidation while strong cash demand for spot soymeal is sparking an incredible rally. The December-January soymeal spread posted a six-year high this afternoon as spot soymeal supplies remain difficult to secure. Fresh news remains limited in the world with risks increasing as Russia shows no signs of backing down from the troop build-up on the Ukrainian border. Traders are either exiting positions in advance of possible escalation in t...
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.