GOOD MORNING, Macro market weight created new lows in Ags yesterday, with mixed follow-through this morning. Funds sold across the board yesterday, as corn printed new contract low. Corn now has all the hallmarks of a bear market in progress, with new contract lows, higher volume, and rising open interest as new shorts hop onboard. Wheat prices turn lower as longs went into liquidation mode on the poor technical performance, extending losses this morning. Poor export sales sealed the deal as prices close out the PM session on market lows for wheat and meal. Despite good sales in beans, prices took a technical turn lower here as well. Index rolls move into full gear this week. Bean, wh...
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.