GOOD MORNING, Prices are mostly higher overnight led by wheat, which continues to trade to new market highs, with the March contract closing in on $6.00. Traders are viewing rising Black Sea wheat prices as a sign of tighter supplies, and the strike in France continues to hinder supplies of wheat from getting to the market. The remarkable climb of wheat put a positive spin to the corn market, which also attracted short-covering activity since last Friday's rally. Beans continue to struggle on the back of a negative seasonal, while the weaker Brazilian Real provides resistance as well. Traders continue to hunt for signs of fresh bean business from China courtesy of the trade deal. Beans are now clo...
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.