GOOD MORNING, Prices are lower with the last few hours of trade becoming more defensive, though soyoil posts another new contract high at the beginning of the evening session while wheat breaks down. Some ideas are that wheat held up against winterkill better than expected. Beans continue to trend sideways as rallies are capped off by more competitive Brazil prices and what may be a more bearish Outlook Forum report on Friday. The all-virtual Agricultural Outlook Forum will release estimates for 21/22 US corn, wheat, and bean supply and demand using 10-year baseline projections and trendline yields. Ideas are for higher corn, bean, and wheat acres sparked by recent price rallies and that will provide some resistance...
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.