Unlike in previous days, commodity futures opened higher today and sustained upward momentum. There was some short covering and some correction from over-sold but it is unlikely the market has found a seasonal bottom. There is good demand, but there is also the potential for record crops. Next...
The beef sector experienced a week of record-breaking prices, and depressed packer margins for the week ending 1 August. Live cattle were a record $244.41 per hundredweight (cwt) for Choice steers, a $48 jump compared to the same week last year, while the cutout dropped $5.22 per pound and by m...
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.