GOOD MORNING, Prices are firmer across the board this morning with beans in the lead scoring new contract highs again this morning. Strong demand for beans continues as yesterday's export inspections means that 19.4 mmt of US beans have been cleared for export since the start of Sep., or almost a third of the total that is expected to be exported for the whole marketing year. Corn prices are also firmer as traders await the outcome of the November WASDE, typically a report that does not offer much fanfare, but could make a difference for this time. The stock market is higher again, as news of a possible vaccine is still digested. Ideas that 2021 could bring about a return to normalcy also is price supportive...
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.