THE OPEN November beans: 6 1/4 lower December meal: 2.50 lower December soyoil: 1 lower December corn: 2 lower September wheat: a5 higher The markets opened as expected with more pressure in corn and beans, and more short-covering buying interest in wheat and soyoil. After a very brief time-out, soyoil futures resumed a higher trade based mostly off positive chart technicals. Crop production continued to weigh on the market throughout the session. Traders returned to buying wheat/selling corn, while taking profits on recent buy bean/sell corn trade. SOY The major feature in the soy complex was that of higher oilshare. December soyoil prices continued to congest...
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.