THE OPEN Jan beans: 4 1/4 higher Dec meal: 1.80 higher Dec soyoil: 20 higher Dec corn: 3 higher Dec wheat: 2 3/4 lower The markets opened as expected with oilshare values trending higher while wheat futures broke lower. Trade eventually turned higher across the board as fund buying continues with charts very solidly pointing to further upside. Rumors of Chinese business for both corn and beans promoted outright buying activity on the lows. The outside markets lent a hand in stabilizing prices after the open after a brief round of profit-taking was noted. At 10:00 export inspections are as follows: beans: 2,239,965 mt vs. 2,851,514 mt week ago (vs. an expected 1,950,00...
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.