GOOD MORNING, Prices are firmer this morning led by soybeans. Technically speaking November beans put in reversal day of trade, posting an outside day with a good close, which sets the stage for further gains this morning. Meal prices are in line with bean gains, while soyoil lags a bit. Palm oil markets are closed for holiday, and crude has been either side of $40/barrel as the economy continues to struggle. Wheat prices remain firmer against corn. Today is first notice day for August futures, and the end of the month. Expect to see the appropriate amount of profit-taking. Tonight, we get the commitment-of-trader's report and it is expected to show funds adding to short corn positions, (ope...
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.