THE OPEN May beans: 8 1/2 lower May meal: 2.50 lower May soyoil: 4 lower May corn: 1 lower May wheat; 1 lower The markets opened on a mixed note but grains were higher on short-covering in wheat and new buying in corn. The wet and soggy start for March put the market on edge as farmers try to get corn into the ground. Corn gained on wheat and beans. Oilshare found profit-taking, as soyoil futures entered into extreme overbought conditions. A good rally was noted at midday as prices could continue to find support into the March 31 report. Allendale released their latest acreage forecasts ahead of the March 31 Planting Intentions: beans: 90.0 mln acres c...
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.