THE OPEN March beans: 2 1/2 lower March meal: .20 higher March soyoil: 29 lower March corn: 3/4 higher March wheat: 4 1/2 higher The markets opened as called with grains continuing to trade higher against a weaker soy complex. The signing of the Phase One deal started on time with stocks rallying into the event, but beans were pretty much unimpressed. Wheat prices again were the focus with technical buying activity continuing, adding spillover support to corn. Traders were back to selling soyoil / buying meal on the back of weaker energies. The NOPA report contained a large bearish surprise for soyoil, where stocks were much higher than expected, further breaking down the market as bulls...
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.