THE OPEN July beans: 4 1/2 higher July meal: .40 higher July soyoil: 29 higher July corn: 3 1/2 higher July wheat: 6 higher The markets opened higher as rumors of corn business were confirmed in the 8 AM announcements, providing the markets with an opening lift. Short-covering was the catalyst for higher trade for both corn and wheat. Morning pullbacks held shortly after the session opened which triggered buy-stops in beans. Chatter has it that China continues around the bean market checking prices. The escalation in tensions between Trump and China is trying to push China into more purchases, or there is the threat that the deal could be terminated. Ags benefited from a risk-on tone in...
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.