Barring unforeseen announcements, this may have been the last notable day on the market ahead of USDA’s 10 January WASDE report. Things may now turn choppy as traders await something more definitive in that report. However, there is also the chance that any impactful number, such as the expectation for less corn, will dribble out over the coming months. WPI is running a survey on its home page for what impact everyone is expecting from next week’s WASDE. Even bigger than the WASDE remains the Phase One trade agreement and its impact. China says it will abide by its commitments and commodity prices will depend upon Beijing’s compliance. However, at least one noted Republican political observer, Karl Rove, predicted they wo...
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.