Trading at the CBOT was active on Tuesday with most major markets scoring wide ranges but ending well away from the day’s extremes. Wheat futures plunged lower amid weakness from the European markets but pared losses heading into the close while corn and soybeans backed away from their day’s highs. The day saw ample spread trade and generally above-average volume as traders continue to position for the upcoming January WASDE. Farm sales remain light as few producers are interested in marketing grain after the CBOT’s early-year pullback. Until the WASDE is released, it looks like the market will continue to see choppy, volatile trade with little fresh directional input. Looking forward to Thursday’s WASDE repor...
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.