Corn, soymeal, live cattle and lean hogs all traded lower during the morning start but by the end of the day, only lean hogs ended lower. There were modest volumes being traded on Friday for most contracts, except feeder cattle where it was nearly double the five-day average.December soymeal hit yet another contract low. And all three wheats declined in value this week, with HRW and HRS now down five weeks in a row.There are a lot of headwinds for agricultural commodities and that was reflected in all the major contracts losing value this week save for one, feeder cattle, which gained 2.4 percent. Bearish signals include a rising dollar, a potentially impending trade war, the finish to a large U.S. harvest, a South American growing season i...
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.