GOOD MORNING, Prices are mixed this morning with corn gaining on wheat, and meal on soyoil. Soyoil futures were supported yesterday by the news of $100 mln in USDA grants for biofuel and ethanol infrastructure and to promote consumption. Soyoil futures weakens today on lower palm and falling crude, which appears to have hit a temporary peak. Beans continue to trend sideways supported by the prospect for more business announcements, and return of China to the market. Since April 17, there has been a cumulative total of 1.602 mmt of bean sale announcements split between Mexico, China, and unknown. China officially comes back from holiday today, but no doubt they have been monitoring bean prices as they sit on re...
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.