THE OPEN beans: 14 higher meal: .80 lower soyoil: 170 higher corn: 4 higher wheat: 10 higher The markets opened as called and put in further recovery trade from the lows. Soyoil and bean prices rebounded which lent support to corn. Wheat prices were higher on the back of rising Minneapolis wheat, fueled by continuing drought and missed rains which could lead to lower production prospects. The three -year combined average as a percentage of total US production for North Dakota, South Dakota, and Minn. is 17% corn and 18.5% beans. At 10:00 export inspections were released as follows: beans: 103,965 mt vs. 205,155 mt expected (vs. range from 100-300,000) corn:&nbs...
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.