THE OPEN March beans: 1 3/4 lower March meal: .30 higher March soyoil: 52 lower March corn: 1 lower March wheat: 1/4 lower The markets opened as called with bean prices hopping to the upside of even and corn prices falling into sell-stops. Buy bean/sell corn trade was the feature of the day, which prompted ideas that traders may be thinking along the lines of a friendly USDA report for beans, and more neutral to bearish for corn. The pattern in 2019 found the market reaction leaning that way on many of the USDA reports. Profit-taking continued in oilshare with soyoil following a weaker palm oil market. Palm oil prices took a time-out from the rally with caution due to the US...
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.