GOOD MORNING, Prices continued to work lower post beneficial crop progress numbers. Rising domestic and international crop estimates for wheat, (Russia and Australia), pushed prices lower. Egypt tendered for 60,000 mt of mill grade wheat for Sep 11-30 shipment. Large yield ideas for corn and beans took aim at prices as well. Corn posted contract lows, wheat and beans found the lower end of trading ranges. December soyoil backs up to test the 31c benchmark, in a retracement from new market highs. Oilshare, in other words, takes a breather. Better weather and ideal conditions saw better farmer movement as prices traded weaker. Farmer selling has been reported as farmers clear space for big cro...
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.