THE OPEN Jan beans: 2 lower Jan meal: .80 lower Jan soyoil: 5 higher March corn: 1/4 lower March wheat: 3/4 lower The markets opened tentatively for the soy complex and lower for wheat. Major reversal signals created weaker trade today, as the seasonal rally into Thanksgiving seems to have come to an end momentarily in favor of trading ranges. Wheat is the weakest market, quickly turning lower and taking corn with it. Meal prices gained on soyoil, with weaker energies weighing on soyoil prices. Crush today after the close is expected to be near record levels. Forecast is for increased rains in SA over the next five days, turning prices into mixed trade as trading range lows a...
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.