THE OPEN July beans: 1 1/2 lower July meal: 1.40 lower July soyoil: 30 lower July corn: 2 1/2 lower July wheat: 5 higher Prices opened on a cautious note with funds back to selling markets across the board. Weakness in soy and corn spilled over into morning wheat strength, which eventually worked both sides of even as well. Macros were weaker with the Dow off over 300 pts in early trade. Wheat prices held up at the start of the day, supported by freezing weekend temperatures and business to China. At 10:00 export inspections were released as follows: corn: 1,029,886 mt vs. 1,279,364 mt beans: 442,024 mt vs. 300,915 mt week ago wheat: 608,709 mt vs. 350,...
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.