GOOD MORNING, Prices are mixed this morning with more short-covering in beans, meal, and corn, with lower soyoil vs. meal trade. The macro pressure of yesterday is off a bit with a small Dow recovery, while traders continue to monitor currency events in Argentina and China. Argentina's politics and currency will have an impact on beans down the road and could actually become supportive for this market. Other comments from Brazil about possible smaller bean production revisions are adding upside to beans as well. A good export sales number for meal creates a correction in oilshare. All eyes are also on corn to see if it can begin a corrective phase to the upside. If funds begin to get short and we...
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.