THE OPEN Nov beans: 3 higher Dec meal: 2.40 higher Dec soyoil: 24 lower Dec corn: 1 higher Dec wheat: 5 lower The markets opened as expected with soyoil and wheat prices trading to new lows while bean, meal, and corn congested into the early part of the session. Traders just seemed to be waiting for the report to kick off for the next potential price direction. Outside markets were firmer, with an announcement that there was a phone call between the US and Chinese presidents regarding future strategies. As to the Gulf, exports are slowly coming back on line with two export terminals resuming loading. At 11:00 am central time, here is what the Sep. USDA report had to s...
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.