GOOD MORNING, It's a new month but the market is under pressure again as the weather remains mostly benign with the lack of any freeze event, and just enough rain to keep crops headed in the right direction. Funds remain in control of the markets and are net short across the board. Rallies continue to be sold under negative ideas as crops head towards the finish line. COMMITMENT OF TRADERS The Commitment-of-Trader's report disaggregated futures / options combined managed money (COT) beans: net short 76,047 meal: net short 35,017 soyoil: net short 15,523 corn: net short 94,137 wheat: net short 3,056 The net short in corn was larger than expected, which makes it more vulnerable t...
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.