THE OPEN May beans: 8 higher May meal: .30 higher May soyoil: 1.25 higher May corn: 3/4 lower May wheat: 2 lower The markets opened as called with the soy complex rebounding off its low pulling corn higher. Wheat futures continued lower as funds sold as a hedge against length elsewhere on the board. Wheat prices continued to head lower during the session breaking into new lows. Wheat weakness was the dominating trend into the numbers against a higher soy complex trade. At 11:00 the report was as follows: QUARTERLY STOCKS (million bushels) 3/1/21 Avg High &nb...
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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.